Liquidity in the new options on Koninklijke BAM Groep N.V. will be supported by up to 3 primary market makers and 9 competitive market makers. The ticker symbol will be BAM. The options expire on the third Friday of the contract month, and initial lifetimes range from three months to nine months. Each option contract represents 100 shares in Koninklijke BAM Groep N.V. and will be cleared via LCH.Clearnet.
The options will be available for trading on LIFFE CONNECT via the highly successful central market model used in Amsterdam and Brussels.
This market model provides investors with competitive prices throughout the trading day. Tradable bid and offer prices are displayed continuously, enhancing on-screen liquidity and the quality of the market, and adding value for customers.
Koninklijke BAM Groep ranks among the largest construction firms in Europe. The Group is market leader in the Netherlands and has acquired significant market positions in the United Kingdom, Ireland, Belgium, Germany and the United States.
