Alan Van Griethuysen, Executive Director of Sales at Euronext.liffe said: “Consultation with our customers identified the need for an options contract which will provide an additional tool to manage the risk associated with fluctuating potato prices.”
The new options have been brought together in a new Euronext.liffe Class Combination composed of options on Potato futures with delivery months of April 2005 and June 2005. For this Class Combination Euronext.liffe is inviting bids for a market maker for the contract.
Euronext.liffe is the derivatives business of Euronext, comprising the Amsterdam, Brussels, LIFFE, Lisbon and Paris derivatives markets. It is the world's second largest derivatives exchange, by volume and the value of the business transacted through the exchange every day. Euronext.liffe is creating a single market for derivatives, by bringing all its derivatives products together on a single electronic trading platform, LIFFE CONNECT®. The replacement of multiple trading venues with a single market will make cross-border trading easier and cheaper.
Click here for contract specifications for options on the FAP potato futures contract April 2005 delivery month and the FAP potato futures contract June 2005 delivery month.
