Spotlight Options

Equity Derivatives - Spotlight Options

The Spotlight Options segment is dedicated to the creation of new option classes requested by market participants on Euronext’s Amsterdam, Brussels and Paris derivatives markets.

With short-term maturities of 1, 2 and 3 months, these option products allow Euronext-listed SMEs, recent listings or underlying assets with notable market events or activity to be put in the spotlight on the request of market participants, with the aim of encouraging these classes to grow and become mature option classes. Spotlight Options are supported through a combination of liquidity provision and dedicated promotion. If these option classes take root, additional maturities may be introduced.

Additional investment and trading opportunities
Euronext now has 40 Spotlight Option classes available for trading. More than 578,000 spotlight options contracts have been traded[1] since the launch of the segment in July 2014.

Increased liquidity and visibility
Spotlight Options benefit from Euronext’s established liquidity provider model, providing onscreen bid and ask prices throughout the trading day.

Promotions to standard option segment
Spotlight option contracts can be promoted to the standard option segment: Altice S.A. in May 2015, BE Semiconductor Industries & Euronav in September 2015, ABN AMRO Group in December 2015 and ASR Nederland, Flow Traders & Philips Lighting in October 2017. The lifetime of these contracts has therefore been extended.

Expanding in response to market demand
Introduced first on Euronext’s Amsterdam and Brussels markets, the Spotlight Options segment was extended to its Paris market in October 2015.

Market

Underlying value

Euronext Brussels derivatives market

Ablynx, Celyad, EVS, Melexis, Telenet, Ontex, D’Ieteren

Euronext Amsterdam derivatives market

Accell, Euronext, Sligro, Grandvision, Refresco-Gerber, IMCD, Coca-Cola European Partners, Intertrust, Takeaway.com, Sif Holding, Koninklijke VolkerWessels

Euronext Paris derivatives market

AB Science, Coface, Elior, Elis, GTT, Tarket, SPIE, Worldline, Parrot, Rallye, Rexel, Nicox, Amundi, Ipsen, Ipsos, Nanobiotix, Orpea, Rubis, DBV Technologies

 

[1]Volumes single counted 30 June 2017

To find out more about the benefits of trading Spotlight Options on Euronext, please contact us:

Amsterdam: +31 20 721 4261
Brussels: +32 2 620 1540
Lisbon: +351 21 060 0626
London: +44 20 7076 0907
Paris: +33 1 70 48 2843

ccc@euronext.com