Delisting date
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Handling on options contract
month
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For existing contract month | For new contract month | |||
1. In case the underlying stock is delisted | Delisting date of the underlying stock | (1) In case the underlying stock is delisted due to the corporate consolidations such as mergers, stock-exchanges and stock-transfers (excluding in case the underlying stock is put on the liquidation list) | Last trading day for existing contract month whose last trading day is on or after a business day prior to the delisting date will be set into 2 business days prior to the delisting date. | On or after the date designated by TSE, trading of new contract month whose last trading day is on or after the date of the corporate consolidations will not be started unless the options contract has no existing contract month whose last trading day is on or after the date of the corporate consolidations. |
(2) In case other than the above (1) | Last trading day for existing contract month whose last trading day is on or after a business day prior to the delisting date will be basically set into 2 business days prior to the delisting date. | From a business day after the date when TSE decides the delisting of the underlying stock, trading of new contract month will not be started. | ||
2. In case the underlying stock is reassigned to the 2nd Section | One business day after the day when all exiting contract months expire | No change | Trading of new contract month that will begin on or after the reassigned date will not be started. | |
3. In case falling under "Minimum liquidity requirement (*)" | Second Friday of April | Last trading day for existing contract month will be set into one business day prior to the delisting date. | From April 1st, trading of new contract month will not be started. |
Amendment to delisting rule for equity options contracts
Underlying stocks whose equity options have no transaction from April 1, 2002