New Market Maker Joins Liffe Market In Brussels

Liffe announces that, from Friday 1 August 2008, SAEN Options B.V. will act as a Competitive Market Maker on the following Individual Equity Options on its Brussels Market: InbevUCBBelgacomDelhaize Group “The commitment of SAEN Options B.V. to the Belgian Derivatives Market will offer our retail and professional investors tighter spreads and better liquidity in these option classes, thus further improving their investment opportunities,” says Bruno Colmant, CEO of Euronext Brussels.

“Saen Options B.V is glad to be able to expand its activities onto the Belgian Market” says Govert Heijboer, Director Derivatives Trading of Saen Options B.V. Saen Options is a leading independent proprietary trading company with offices in Amsterdam and Hong Kong and trading operations in more than 15 markets. The firm is a major liquidity provider on several derivatives markets.

Liffe, the derivatives market of NYSE Euronext offers equity options on 16 Belgian Blue Chips. Options give their owner the right, but not the obligation, to buy or sell the underlying stock at a set price at, or up to, a set date in the future. They thus give their owners the ability to manage financial risks resulting from share price movements.