Cover OMX Nordic Exchange and Oslo Børs with one trade!
From September 1, 2006, OMX Nordic Exchange offers VINX30 options and futures, so you can invest in the 30 most interesting and liquid companies on OMX Nordic Exchange and Oslo Børs with one transaction. The VINX30 options and futures provides a cost efficient alternative for covering the Nordic region in your portfolio.
As the world's leading exchange and clearing house for Nordic derivatives, OMX Nordic Exchange provides the optimal marketplace for liquidity and transparency in Nordic derivatives.
VINX30™ cash settled futures and options are traded in euro between CET 09.00-17.20. A fee holiday is offered to OMX members during 2006 for all trading of VINX30™ options and futures.
The following is a brief description of options & futures on VINX30
Type of contract:
Cash settled futures and European options.
Contract base:
VINX30™
Currency:
Euro
Trading hours:
CET 09.00-17.20
Contract size:
Index value x 10 euros
Trading and settlement calendar:
The VINX30™ options and futures will be traded when at least 40% of the underlying market capitalization is available for trading. No settlement will be carried out when any of the exchanges are closed. The VINX30™ trading and settlement calendar can be found on OMX website.
Series term:
Contracts with terms of three, six and thirty-six months.
Expiration day:
The third Friday in the expiration month or, if any of the underlying markets are closed, the previous bank day.
Final settlement price:
The volume weighted average VINX30™ index value is based on transactions made in the electronic trading system (SAXESS) between CET 15.00-16.00.
Last trading day:
The expiration day, until CET 16 .00.
All information provided herein shall be deemed to be general information and under no circumstances constitute any recommendation regarding investments. The reader shall be personally liable for risks associated with any investment based on the information provided in this document. Notwithstanding that the accuracy of the information provided herein has been verified, NASDAQ OMX, or any other subsidiary of NASDAQ OMX, assumes no liability with respect to the accuracy or use of such information. Trading in options and other derivatives instruments may involve risks, consult therefore your bank or broker before executing a trade. For current rules for trading and clearing of options and futures please see Rules and Regulations for OMX Derivatives Markets.
