Participant
Technical Services
Credential Services
Listed Company
Professional Adviser
Information Provider
Information Services
AMO
Notice
ASX Market participants and ASX Clear Participants are reminded that ASX will list options over STW (SPDR S&P/ASX 200 Fund) for trading on Friday 8 September 2017.
Security Code:
The Options security code will be STW.
Expiry Cycle and Market Makers:
STW will commence with 4 quarterly expiries - Mar, Jun, Sep, Dec. It will be assigned to Schedule 4 for Market Making quoting obligations and have a minimum quote size of 100 contracts. There are two assigned Market Makers; Susquehanna and JP Morgan.
Margin Interval:
STW will initially have the Price Scanning Range (PSR) set to 5%, the Volatility Scanning Range (VSR) set to 40% and an Inter-commodity Concession between XJO and STW of 80%. The Short Option Minimum (SOM) will be set at $0.01. These scanning ranges are subject to change at any time as determined by ASX Clear. It will be reported in the weekly ASX Clear & ASX Market circular under standard procedures.
Series Codes, Strike Prices, Exercise style:
The contract size will be 100 securities. The initial series will be published via the New Put and Call Option Series notice the day beforehand and be available for trading on the day of listing. Please note STW ETOs will have an exercise style of European only.
What do I need to do by when?
Requests for further listings can be made to ASX Trading Operations:
Email: tradingoperations@asx.com.au
Phone: 1300 655 560
Need more information?
Issued by
Gregory Pill – Manager, Equity Derivatives
Contact information
Gregory Pill
+61 (02) 9227 0696
greg.pill@asx.com.au