NYSE Liffe expands range of Dutch products
First Published 1st March 2012
NYSE Liffe introduces futures and options on the AMX-Index
Ade Cordell, Executive Director of Equity Derivatives, NYSE Liffe
"For NYSE Liffe, this is the first of a range of new products planned for the Amsterdam derivatives market in 2012."
Amsterdam, Brussels, Lisbon, London, Paris - NYSE Liffe, the European derivatives market of NYSE Euronext (NYX), is to introduce futures and options on the AMX-Index®, the index for medium sized Dutch companies. AMX-Index® futures will be launched on Monday 26 March 2012, followed by trading in AMX-Index® options on Tuesday 10 April 2012.
According to Cees Vermaas, CEO of NYSE Euronext Amsterdam, "NYSE Euronext is committed to supporting medium-sized companies. We continue to do everything we can to help these companies grow by facilitating an environment where medium-sized companies can develop into the large caps of the future. We believe that the introduction of futures and options on the AMX-Index® will have a positive influence on the liquidity of these mid-cap securities."
Ade Cordell, Executive Director of Equity Derivatives at NYSE Liffe added: "We are excited about the launch of these new mid-cap index futures and options contracts. For NYSE Liffe, this is the first of a range of new products planned for the Amsterdam derivatives market in 2012."
The new mid-cap index futures and options expire on the third Friday of the contract month, and are initially offered with one, two and three month maturities.