SIF HOLDING

Spotlight Options

Spotlight Options
Unit of trading

100

Minimum price movement (tick size and value)

Central Order Book:
If the premium of an order at order entry is below or equal to the premium threshold, the tick size is € 0.01 (€ 1 per contract)
If the premium of an order at order entry is above the premium threshold, the tick size is € 0.05 (€ 5 per contract)
The premium threshold is set at € 0.50
Large-in-Scale Facility: € 0.01 (€ 1 per contract)

Last trading day

Trading ceases at 17:30 CET on the third Friday of the expiry month. In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.

Last update
Mon, 10/09/2018
Trading Hours

Central Order Book 09:01 – 17:30 CET
Large-in-Scale Facility 07:00 – 18:30 CET

Legal Delivery/Expiry Month

Initial lifetime: 1, 2 and 3 monthly options
Cycle: Every month

Full contract specification and related documents
Expiry months listed per class AmsterdamExpiry months listed per class BrusselsPremium thresholds for equity options traded at Euronext AmsterdamPremium thresholds for equity options traded at Euronext Brussels
Wholesale service

Large-in-Scale Facility, AtomX.
See the “Euronext Wholesale Facilities” document for the minimum size thresholds.

Clearing

LCH S.A.

Option style

American

Price basis

Euros per share

Settlement

Delivery of 100 shares through the settlement system of LCH S.A.

Settlement day

Two business days after the exercise day

Contract Size

One option normally equals rights over 100 underlying shares