Based on the corn futures traded since 1 October 1999, the options will offer participants an additional instrument to cover risk and manage variations in corn prices.
They extend Euronext.liffe’s existing range of derivatives for cereals, oilseeds and other agricultural commodities. This already includes futures on rapeseed, milling wheat, feed wheat, white sugar, Robusta coffee and cocoa together with related options.
The options will be traded on the LIFFE CONNECT® electronic trading platform. From launch on 5 September, eleven strike prices will be open at all times. The spread from strike price to strike price will be one euro.
