Notice

Introduction of new Exchange Traded Option (ETO) Class

What's this about:
  • ASX Market
  • Trading
  • Clearing
  • Product
  • Operations
  • Technology
  • Market Data
  • Rules
  • Compliance
  • Risk
  • Equity Derivatives
  • Options & ETOs
  • Flexclear OTC
  • New ETO Class
  • FlexClear™
  • SIG
Notice reference number: 0327.25.03
Date published: 31/03/25
Effective as of: 07/04/25
Last updated: 31/03/25

ASX participants and users are advised that ASX will list new Exchange Traded Options (ETOs)over Sigma Healthcare Ltd (SIG) available for trading on Monday 7 April 2025.

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

The new ETO Class 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 on the new ETO Class.

ETO Class

Company Name

Min Quote Size

Quote schedule

< 3 months

Quote schedule

> 3 months

Market Makers*

SIG

Sigma Healthcare Ltd

1000

1

2

ECL, MAK, SIG

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

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

ETO Class

Company Name

PSR

VSR

Fee Tier

SIG

Sigma Healthcare Ltd

30%

41%

1


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

Disclaimer