TECHNICOLOR

Paris Listed Stock Options (European Style)

Paris Listed Stock Options (European Style)
Unit of trading

10

Quotation

Euros per share

Minimum price movement (tick size and value)

Central Order Book & Large-in-Scale Facility: € 0.01 (€ 0.10 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

Laatste update
maa, 07/08/2017
Trading Hours

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

Trading platform

UTP

Algorithm

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

Wholesale service

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

Clearingmarkt

LCH S.A.

Exchange contract

7

Exercise day

Exercise is possible until 19:45 CET on the Last Trading Day only

Expiry months

6, 12, 18, 24 months half yearly (of the June and December cycle). See the document "Expiry Months Listed Per Class" in "Related documentation" to find out which expiry months are listed per class.

Option style

European style
Holders of long positions are only entitled to exercise their options on the expiration date.

Settlement

Physical delivery of 10 shares (or other such number of shares as determined by the terms of the contract) through the settlement system of LCH SA.

Settlement day

Two business days after the exercise day

Contract Size

One option normally equals rights over 10 underlying shares

Apart from exceptions or temporary adjustments for corporate actions.
On the Last Trading Day, in-the-money options are automatically exercised, unless contrary instructions are received from the client/member. Please check the exact exercise rules with your broker.

 

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