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TOM Introduces Its Unique Ticker Symbols For Options Based On The AEX-Index

Date 18/07/2013

TOM (The Order Machine) introduces its unique ticker symbols for the daily, weekly and monthly options based on the AEX-index. The symbols were created in close cooperation with members and partners.

“It is of great importance for competition between derivatives exchanges that TOM is allowed to continue offering trading in options based on the AEX-index. The introduction of our own ticker symbols ensures competition in the long term”, said Willem Meijer, CEO of TOM  

Since January 2013 TOM gained a 35% market share in options based on the AEX-index. By connecting new parties, TOM aims for a market share in index options of more than 50% in 2014.

See below for the new TOM ticker symbols and product description:

General description

Product name

TOM index options

 

 

 

Description

Options based on the value of the AEX-index

 

Underlying value

AEX-Index

 

 

 

CCP

Holland Clearing House

 

 

 

TOM Ticker-symbols

Monthly options

XNL

Weekly options

XNLW1, XNLW2, XNLW4, XNLW5

Daily options

XNL01, XNL02, XNL03…, XNL31