NASDAQ OMX Stockholm lists options on XACT OMXS30(TM)
(Thomson Reuters ONE) -
For the first time options will be listed on an exchange traded fund (ETF) on
NASDAQ OMX Stockholm. Starting today standardised options can be traded on the
exchange-traded fund XACT OMXS30.
- XACT OMXS30(TM), which was listed in 2000, is today among the most traded
securities on NASDAQ OMX Stockholm, says Henrik Norén, Head of XACT. Trading in
ETFs in Sweden has increased exponentially, from a turnover in 2001 of almost
1.8 billion SEK to just over 220 billion SEK last year. The fact that NASDAQ OMX
Stockholm lists options on our exchange traded fund XACT OMXS30(TM) is further
evidence of the popularity of our ETFs. The options will now open the
possibility for further investment strategies with an ETF as base, which we
believe will lead to an even greater interest for our largest ETF, says Henrik
Norén.
- We are delighted that we for the first time are listing options on an
exchange-traded fund, and thus offer private investors as well as institutions
an additional investment opportunity, says Bjørn Sibbern, Head of Nordic
Equities at NASDAQ OMX. An investor can for example write options against the
investors' holdings in the ETF, known as covered call, or protect the investors'
holdings against market declines by buying put options.
The ETF options will be traded on NASDAQ OMX Stockholm's derivatives market and
similar to standardised equity options they will be settled by delivery of XACT
OMXS30(TM). There will be options available for trading with the expiration date
for the next three months, as well as options with expiration date in March,
June, September and December with up to 12 months duration. Expiration is the
third Friday of the month. The options are American-style, i.e they may be
exercised at any time before expiry.
Handelsbanken Capital Markets is responsible for market making the options on
XACT OMXS30(TM).
For further information, please contact:
Henrik Norén, XACT, +46 (8) 701 12 22
heno10(at)handelsbanken.se
Martin Hedensiö, NASDAQ OMX, +46 (8) 405 62 54
martin.hedensio(at)nasdaqomx.com
XACT is the largest Nordic ETF provider and currently manages assets of just
over 22 billion SEK spread over shared between 25 ETFs. XACT is a part of
Handelsbanken AB and Handelsbanken Fonder AB is responsible for the management
of XACT's ETFs.
Past returns are no guarantee of future returns. Investments made in a fund
can rise or fall in value, and it is not certain that you will get back all
the amount you have invested. The fund prospectus, including fund regulation,
fact sheet and fund performance are provided on www.xact.se.
Press release PDF :
http://hugin.info/136145/R/1607357/509833.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: XACT via Thomson Reuters ONE
[HUG#1607357]
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Datum: 02.05.2012 - 07:01 Uhr
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