Euronext has launched an expanded range of single stock options from Germany, Ireland and Portugal, strengthening its European derivatives offering.
The firm is introducing 21 new German single stock options, completing its coverage of all DAX 40 index constituents, as well as six Irish and four Portuguese single stock options.
These stock options mark the first that Euronext has listed on Irish stocks.
The new listings round out the range of options contracts available across Euronext markets to give investors increased access to key assets in Europe through Euronext’s single order book.
Dedicated market makers will ensure onscreen liquidity for investors on the new stocks, according to the firm.
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Trading in the new options is powered by Euronext’s Optiq trading platform, which offers access to a large and diverse pool of liquidity.
Clearing will take place through Euronext Clearing, offering risk management and portfolio-wide margin efficiencies.
Euronext added that the expansion of single stock options is designed to deliver greater value to investors by allowing them to trade a broader range of European options on a single platform.
“This growth of our derivatives offer was made possible following the successful completion of the expansion of Euronext Clearing to all markets across the Euronext Group,” said Anthony Attia, global head of derivatives and post-trade at Euronext.
“It not only allows us to broaden our equity derivatives offering, but also paves the way for future product launches as part of our new strategic plan, which will be announced in November, leveraging the full strength of our integrated pan-European model.”