Notice

Introduction of 8 new Exchange Traded Option (ETO) Classes.

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  • ASX Market
  • Trading
  • Clearing
  • Product
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  • Rules
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  • Risk
  • Equity Derivatives
  • Options & ETOs
  • Flexclear OTC
  • New ETO Class
  • FlexClear™
  • GYG
  • HUB
  • NWL
  • PNI
  • PRU
  • VAU
  • TNE
  • YAL
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Notice reference number: 0088.25.02
Date published: 03/02/25
Effective as of: 10/02/25
Last updated: 03/02/25

ASX participants and users are advised that ASX will list 8 new Exchange Traded Option (ETO) Classes for trading on Monday 10 February 2025.

As is current policy the new ETO Classes will not have special size allocated initially.

The new ETO Classes will be reviewed every 3 months and those ETO Classes which meet ASX’s liquidity requirement will have Special Size crossing levels re-introduced. ETO crossings can still occur on the new ETO Classes but will need to be conducted on screen as opposed to a trade report whilst Special Size is not available.

Please refer to the below table for market making coverage in the new ETO Classes.

ETO Class

Company Name

Min Quote Size

Quote schedule

< 3 months

Quote schedule

> 3 months

Market Makers*

GYG

Guzman Y Gomez Ltd

75

4

5

MAK, SIG

HUB

Hub24 Ltd

50

5

6

MAK, SIG

NWL

Netwealth Group Ltd

100

3

4

MAK, SIG

PNI

Pinnacle Investment Management Ltd

100

3

4

MAK, SIG

PRU

Perseus Mining Ltd

500

1

2

ECL, MAK, SIG

VAU

Vault Minerals Ltd

1000

1

2

ECL, MAK, SIG

TNE

Technology One Ltd

100

3

4

MAK, SIG

YAL

Yancoal Australia Ltd

200

2

3

ECL, MAK, SIG

* SIG = Susquehanna; MAK = Mako Trading; ECL = Eclipse Trading

Please refer to the below table for the initial margin parameters and assigned fee schedule for the new ETO Classes.

ETO Class

Company Name

PSR

VSR

Fee Tier

GYG

Guzman Y Gomez Ltd

34%

51%

4

HUB

Hub24 Ltd

17%

52%

4

NWL

Netwealth Group Ltd

18%

52%

3

PNI

Pinnacle Investment Management Ltd

19%

52%

3

PRU

Perseus Mining Ltd

18%

43%

1

VAU

Vault Minerals Ltd

26%

43%

1

TNE

Technology One Ltd

11%

51%

3

YAL

Yancoal Australia Ltd

22%

55%

2

 

New ETO Classes will have maturities listed out 6 months to start and have a contract size of 100 shares. Flex option listings can occur on the new ETO Classes in line with ASX’s current policy and can be requested via tradingoperations@asx.com.au.

What do I need to do by when?

Participants and end users should make the appropriate changes in readiness for the new ETO Classes.

Need more information?

Issued by

Gregory Pill – Head of Equity Derivative Products

Contact information

Gregory Pill
+61 (02) 9227 0696
greg.pill@asx.com.au

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