|Amsterdam Listed ETF options|
|Contract size||One option normally equals rights over 100 underlying shares|
|Unit of trading||100|
|Pricing unit/quotation||Euros per share|
|Minimum price movement (tick size and value)||See applicable tick size table |
|Option style||American style
Holders of long positions are entitled to exercise their options before or on the expiration date.
|Expiry months||Weekly; 1, 2, 3 monthly; 6, 9, 12 months quarterly (of the March, June, September, December cycle)|
|Introduction of new exercise prices and exercise price intervals||See the document "Series Introduction Policy for Individual Equity Option Contracts" in "Related documentation" to find the series introduction policy.|
|Introduction of new expiry months||New expiry months are available for trading on the first business day after the expiry of a maturity|
|Wholesale services||Large-in-Scale Facility.
See the “LIS Thresholds” document for the minimum size thresholds.
|Last trading day||Trading ceases at 17:30 CET on the third Friday of the expiry month. In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday. For weekly options see the document "Weekly Options Lifetime and Last Trading Day" in "Related documentation"|
|Exercise||Exercise is possible until 19:15 CET on any business day, extended to 19:45 CET on the Last Trading Day|
|Settlement||Physical delivery of 100 shares (or other such number of shares as determined by the terms of the contract) through the settlement system of LCH S.A.|
|Settlement day||Two business days after the exercise day|
|Option premium||Payable in full by the buyer on the business day following a transaction|
|Clearing organization||LCH S.A.|
|Trading hours||Central Order Book: 09:06 – 17:30 CET
Large-in-Scale Facility: 07:15 – 18:30 CET
|Algorithm||Central order book applies a Price Pro Rata trading algorithm. With this algorithm priority is given to orders at the best price (highest for a bid, lowest for an offer). If there are several orders at this best price, equal priority is given to every order at this price and incoming business is divided among these orders in proportion to their volume|
|Last update||21 April 2020|
 New option classes with a non-standard contract size may be listed as a result of corporate actions. See the document "Unusual Contract sizes" in "Related documentation" to find an overview of the non-standard contract size of these classes.
|In the United States these products may only be offered and sold to prescribed entities under specified conditions.|