News Center
Jan 12, 2011

Eurex

Eurex to launch equity options with weekly expirations for the first time

Launch set for 24 January 2011

The international derivatives exchange Eurex will introduce equity options with weekly expiration dates on 24 January 2011. This is the first time that weekly options on individual stocks will be available on Eurex. The Eurex Weekly Equity Options will be listed as separate contracts and will initially comprise derivatives based on shares of Daimler, Deutsche Bank, Deutsche Telekom and Nokia (four per underlying stock).

Eurex will offer Weekly Equity Options for the first, second, fourth and fifth Friday of a calendar month, complementing the standard equity options series, which expires on the third Friday of every month. All other contract specifications will correspond to those of Eurex’s existing equity options.

Weekly options have been available on the EURO STOXX 50 and DAX indices since April 2006. Their success with market participants is illustrated by their trading volumes: In 2010 more than 2.6 million contracts were traded.

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