SOLVAY SA

French Stock Options (American Style Exercise - 100 shares)

French Stock Options (American-Style Exercise - 100 shares)
Quotation

Euros per share

Minimum price movement (tick size and value)

€0.01 (€1 per contract)

Last trading day

Can be traded until the third Friday of the expiry month (17.30 Paris time)New expiry months are opened on the first trading day after the maturity expires

Last update
Mon, 22/10/2012
Trading Hours

09.01 - 17.30 Paris time

Legal Delivery/Expiry Month

December 2012 Onwards

Trading platform

LIFFE CONNECT®

Algorithm

Central order book applies a price-time trading algorithm with priority given to the first order at the best price.

Wholesale service

Block trading, Bclear (cleared via London market under separate Exchange contract code)

Clearing

LCH.Clearnet S.A.

Exchange contract

6

Exercise day

Exercise by 19.15 Paris time on any business day, extended to 19.45 on the Last Trading Day²

Expiry months

Group I: 3 monthly, the following 3 quarterly, the following 4 half yearly and the following 2 yearly maturities are available to trade (March, June, September and December cycle).Group II: 3 monthly, the following 3 quarterly and the following 2 half yearly maturities are available to trade (March, June, September and December cycle).Group III: 4 quarterly maturities are available to trade (March, June, September and December cycle).

Settlement

Settlement Day is three business days following the Exercise Day / Last Trading Day

Contract Size

100 shares of the underlying equity¹

Market: Paris

Option Premium: Payable in full by the buyer on the business day following a transaction.

1 - Apart from exceptions or temporary adjustments for corporate actions

2 - On the expiry day, in-the-money options are automatically exercised, unless contrary instructions are received from the client

In the United States these products may only be offered and sold to prescribed entities under specified conditions.