Euronext.liffe: UK Equity Option Product Enhancements

To respond to the growing trend toward sector-based trading strategies and to further develop liquidity in the "focus group" of equity options on the top UK names, Euronext.liffe is implementing product enhancements to its range of UK individual equity options. These are summarised in the UK Equity Options Product Enhancements fact sheet.

The "Focus Group Options" PDF file provides full details of the cycle of new month introductions for all "focus group" equity options on the top UK stocks, with the exception of Vodafone ("VOD") options for which separate arrangements apply. It gives details of when new serial and longer-dated months will be introduced, where expiry months on the existing expiry cycle will be suspended and how the new expiry cycles will be phased in. It also details where expiry months with the new third Friday Last Trading Day will be introduced.

The "Vodafone Options" PDF file provides full details of the cycle of new month introductions for Vodafone ("VOD") options, to cater for the transfer to the new Mar/Jun/Sep/Dec expiry cycle, and of where expiry months with the new third Friday Las t Trading Day will be introduced.

Should you require further information, please contact equities@liffe.com