In future it will not be possible to effect transactions in interest-rate derivatives in the system. All transactions must be made "off-exchange" and subsequently be reported to the Copenhagen Stock Exchange and the clearing system SECUR.
The range of products will consist of futures on the 6% Bullet Loan 2009 with physical delivery and futures on the standard mortgage bond 6% 2029. The expiration months are March, June, September and December.
In the light of the new agreement with the OM Fixed Income Exchange an addendum must be prepared to the agreement that the Copenhagen Stock Exchange and the OM Stockholm Exchange have made on share derivatives. Once this addendum has been prepared the interest-rate derivatives will be on offer, which is expected to take place in the second half of December.
The last contract in the FUTOP system will expire on 27 December, when the mortgage future expires.
