The TASE Board of Directors approved in its meeting (February, 27, 2020) the launching of stock options of Alony-Hetz Properties & Investments, which is included, among others, in the TA-35 Index.
Stock options are currently traded on 26 shares included in the TA-125 Index, primarily in the TA-35 Index.
The options will be launched following requests received from market participants and as part of TASE's policy of expanding the range of its listed options as well as its product variety, as a way of offering more diverse investments.
Stock options began trading on the TASE in 2009 and are currently trading on 26 stocks, with an average daily trading volume of around 3,100 options in 2019.
The “general" characteristics (term of the options, settlement price for exercise etc.) of the offered options will be identical to those of the currently traded options, while their “specific" characteristics (underlying asset multiplier and other collateral's parameters) will be as set out in TASE's publications.
The stock options of Alony-Hetz will start trading on Thursday, April 23, 2020.
