The contract size of the new products is one (1) underlying share, and the terms are 3, 6 and 9 months.
The new contracts follow the expiration dates of the FUTOP Clearing Centre's other products, and on the day of introduction the contracts are therefore opened with expiry on 19 September 2003, 19 December 2003 and 19 March 2004.
The futures contracts are standardised with daily settlement and delivery of the underlying share at expiry.
The option contracts are standardised with delivery of the underlying share at expiry or upon exercise.
Strike prices on the day of introduction will be set on the basis of the price of A.P. Møller-Mærsk B on 25 August.
