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Notice
ASX participants and users are advised that ASX intends to list 6 new ETO Classes for trading on Thursday 9 December 2021.
Please be aware that the new ETO Classes will not have special size allocated initially. The trial of no special size on new ETOs was previously communicated by market notice 0555.21.04.
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.
Susquehanna and Mako have agreed to be market makers in the new ETO Classes which are listed below with corresponding requirements.
| ASX Code | Company Name | Min Quote Size | Quote schedule < 3 months | Quote schedule > 3 months | PSR | VSR |
|---|---|---|---|---|---|---|
DXS |
Dexus |
400 |
3 |
4 |
10% |
43% |
PBH |
Pointsbet Holdings Limited |
200 |
3 |
4 |
38% |
64% |
CDA |
Codan Limited |
150 |
3 |
4 |
30% |
51% |
ARB |
ARB Corporation Limited |
50 |
5 |
6 |
27% |
66% |
SDF |
Steadfast Group Limited |
400 |
2 |
3 |
14% |
44% |
NXT |
Nextdc Ltd |
200 |
3 |
4 |
15% |
44% |
All of the 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