SFE Options Market Enhancements

Effective 1 July, 2002 SFE will introduce a series of market driven enhancements to its Interest Rate and Equity Options markets that seek to improve liquidity, price transparency and execution certainty.

SFE Interest Rate Options Market Update

SFE is introducing Pre-negotiated Business rules and switching off the Crossing Mechanism on SYCOM^®. These enhancements have been introduced in order to provide greater execution certainty, increase flexibility, and enable brokers to better facilitate business to achieve the best prices for their clients. Click on the URL below to view the full details. http://www.sfe.com.au/index.asp?dispage=/content/news/newsletters/ir_june.pdf

SFE SPI 200^TM Options Market Update

SFE is switching off the Crossing Mechanism on SYCOM^®, increasing the minimum tick size and introducing Official Market Makers. These enhancements have been introduced in order to provide greater execution certainty and flexibility, improve on-screen price discovery, and improve traders' ability to establish/close out positions with greater confidence. Click on the URL below to view full details. http://www.sfe.com.au/index.asp?dispage=/content/news/newsletters/spi_june.pdf