rv93 chapter 2 - nasdaq€¦ · exchange rules and clearing rules of nasdaq omx derivatives markets...

E X C H A N G E R U L E S A N D C L E A R I N G R U L E S

O F N A S D A Q O MX D ER I V A T I V E S M A R K E T S

1 7 M A R C H 7 A P R I L 2 0 1 4 • A P P E N D I X 2 • Q U O T A T I O N L I S T • P A G E 1 ( 18)

QUOTATION LIST

1 EQUITIES

1.1 Swedish equities (SEax) – Stocks and Depository receipts

1.2 Finnish equities (FIax) – Stocks and Depository receipts

1.3 Danish equities (DKax) – Stocks

1.4 NASDAQ OMX Norwegian equities (NNOax) – Stocks

1.5 Blank

1.6 Blank

1.7 Swedish equities – Index (OMXS30)

1.8 Swedish equities - Index (OMXSB)

1.9 NASDAQ OMX Norwegian equities - Index (OMXO20)

1.10 Danish equities – Index (OMXC20 and OMXC20CAP)

1.11 Nordic equities - Index (VINX30)

1.12 Weekly Options -Index (OMXS30)

1.13 Blank

1.14 TM (Non-standardised products)

1.15 Binary options, over under - Stocks and index

1.16 Swedish equities (SEetf) - Exchange Traded Funds

2 CREDIT MARKETS INSTRUMENTS (OMR)

3 INSTRUMENTS FOR WHICH THE CO-OPERATING EXCHANGE IS THE

PRIMARY EXCHANGE

3.1 Electricity Contracts

3.2 Natural Gas Contracts

3.3 Allowance Contracts

3.4 Swedish and Norwegian Electricity Certificates (El-Certs) Contracts

3.5 Freight and Fuel Oil Contracts

4 COMMODITY INSTRUMENTS

4.1 Iron Ore Contracts

4.2 Seafood Contracts




Series listed by the Exchange and which are subject to clearing at the Clearing House.

The following assets constitute Contract Base in Series listed by the Exchange:

EQUITIES

Exchange- and clearing listing

1.1 SWEDISH EQUITIES (SEax) – STOCKS AND DEPOSITORY RECEIPTS LISTED IN

SEK

In the following categories of shares call and put Options,

Forwards and Futures are listed

Term and Expiration Months

Elekta (EKTAB)

Eniro (ENRO)

Getinge (GETIB)

Hexagon (HEXB)

Meda A (MEDA)

Millicom SDB (MIC)

MTG B (MTGB)

Oriflame SDB (ORI)

3 months: All months

12 months: Mar, Jun, Sep, Dec

Holmen B (HOLMB) Stora Enso R (STER)

ICA Gruppen (ICA) Swedish Match (SWMA)

Kinnevik B (KINB) Tietoenator (TIEN)

Lundin Mining (LUMI)

ABB (ABB) Sandvik (SAND) 3 months: All months

Alfa Laval (ALFA) SCA B (SCAB) 12 months: Mar, Jun, Sep, Dec

Assa Abloy (ASSAB) Scania B (SCVB) 24 months: Dec

AstraZeneca (AZN) SEB A (SEBA)

Atlas Copco A (ATCOA) Securitas B (SECUB)

Autoliv SDB (ALIV) SHB A (SHBA) Boliden AB (BOLI) SKF B (SKFB) Electrolux B (ELUXB) Skanska B (SKAB) Hennes & Mauritz B (HMB) SSAB A (SSABA) Husqvarna B (HUSQB) Swedbank (SWEDA) Investor B (INVEB) Tele2 B (TEL2B) Lundin Petroleum (LUPE) Trelleborg B (TRELB) Nordea (NDA) Volvo B (VOLVB)

Ericsson B (ERICB) 3 months: All months

Nokia (NOKI) 12 months: Mar, Jun, Sep, Dec

TeliaSonera (TLSN) 36 months: Dec

Normal exercise price interval for

categories of shares call and put

Options (SEK)

< 3 months term (SEK) < 6 months term (SEK) > 6 months term (SEK)

0 – 16 0,25 0.5 1




16 – 30 0,5 1 2

30 – 70 1 2 4

70 – 150 2,5 5 10

150 – 310 5 10 20

310 – 510 10 20 40

510 – 15 30 60

Additional options series on Swedish Equities may be listed on request following the framework

below:

1. The requested strike must conform to the strike generation methodology detailed

in the Nasdaq OMX Quotation List

2. The maturity is currently listed.

3. The strike may be listed when the following conditions are met:

(a) The requested strike must not be lower than 50% ITM or greater than 50%

OTM from the T – 1 closing price of the nearest ATM option, for options

with a maturity shorter than 3 month

(b) For maturities greater than 3 months, the requested strike may not be

greater than 100% from the T - 1 closing price of the nearest ATM option.

(c) 0 (Zero) strike options will not be accepted

4. The strike request may only be eligible when reporting trades with a minimum

of 250 contracts for all options.

5. The corresponding put/call option will be listed at the same time

6. NASDAQ OMX retains the right deny request for a new strike listing.

7. NASDAQ OMX retains the right to delist a strike if there is no open interest in

the requested strike

8. Only members may submit requests

9. Requests may be made to Trading Operation at Nasdaq OMX before 16:30 CET

1.2 FINNISH EQUITIES (FIax) – STOCKS AND DEPOSITORY RECEIPTS LISTED IN EUR

Group 1

In the following categories of shares call and

put Options and Forwards are listed


Huhtamäki (HUH1V3) 3 months: Jan, Feb, Apr, May, Jul, Aug, Oct, Nov

Kemira (KRA1V3) 6 months: Mar, Jun, Sep, Dec

Kone Corp (KNEBV3)

Metsä Board B (METSB3)

Metso (MEO1V3)

Nokian Tyres (NRE1V3)

Nordea FDR (NDA1V3)

Outokumpu (OUT1V3)

Outotec (OTE1V3)

Rautaruukki (RTRKS3)

Wärtsilä (WRT1V3)

YIT-Yhtymä (YTY1V3)

Additional options and forwards series on the stock classes in Group 1 are listed on request (i.e.

not regularly) up to a term of 24 months as apparent from the series designation.




Group 2

In the following categories of shares Forwards

are listed


Elisa (ELI1V3) 3 months: Jan, Feb, Apr, May, Jul, Aug, Oct, Nov

Fortum (FUM1V3) 12 months: Mar, Jun, Sep, Dec

Neste Oil (NES1V3)

Nokia (NOK1V3)

Sampo A (SAMAS3)

Stora Enso R (STERV3)

TeliaSonera (TLS1V3)

TietoEnator (TIE1V3)

UPM-Kymmene (UPM1V3)

Additional forwards series on the stock classes in Group 2 are listed on request (i.e. not regularly)

up to a term of 24 months as apparent from the series designation.




Group 3

In the following categories of shares call and put Options or Forwards are listed on request

with a Term of up to 24 months as apparent from the series designation. New underlying

instruments will be listed on request after liquidity consideration in the respective stock class.

Affecto (AFE1V3)

Ahlstrom (AHL1V3)

Amer Sports (AMEAS3)

CapMan B (CPMBV3)

Cargotec B (CGCBV3)

Citycon (CTY1S3)

Comptel (CTL1V3)

Cramo (CRA1V3)

Digia Oyj (DIG1V3)

Efore (EFO1V3)

F-Secure (FSC1V3)

Fiskars (FIS1V3)

HKScan A (HKSAV3)

Ixonos (XNS1V3)

Kesko B (KESBV3)

Konecranes (KCR1V3)

Lassila&Tikanoja (LAT1V3 )

Lemminkäinen (LEM1S3

Oriola-KD B (OKDBV3)

PKC Group (PKC1V3)

Pohjola Bank Plc. (POH1S3)

Pöyry (POY1V3)

Raisio Yhtym Vaihto-osake (RAIVV3)

Ramirent (RMR1V3)

Sanoma (SAA1V3)

Sievi Capital (SCI1V3)

Sponda (SDA1V3)

Stockmann B (STCBV3)

Talvivaara Mining Company (TLV1V3)

Technopolis (TPS1V3)

Tecnotree (TEM1V3)

Teleste (TLT1V3)

Tikkurila (TIK1V3)

Uponor (UNR1V3)

Normal exercise price interval for Group 1 and Group 3

Exercise price (EUR) < 6 months term > 6 months term

Interval (EUR) Interval (EUR)

0 – 0.6 0.05 0.1

0.6 – 3 0.1 0.2

3 – 5 0.2 0.4

5 – 20 0.5 1

20 – 38 1 2

38 – 50 2 4

50 – 5 10




1.3 DANISH EQUITIES (DKax) – STOCKS LISTED IN DKK

In the following categories of shares call and put

Options and Futures are listed


Carlsberg B (CARLB)

Chr. Hansen Holding (CHR) *

Coloplast B (COLOB) *

Danske Bank (DANSKE)

DSV (DSV)

D/S Norden (DNORD)

3 months: Jan, Feb, Apr, May, Jul, Aug,

Oct, Nov


FL Smidth & Co (FLS)

GN Store Nord (GN)

H. Lundbeck (LUN)

Novo Nordisk B (NOVOB)

Novozymes B (NZYMB)

Pandora (PNDORA)

Vestas Wind Systems (VWS)

TDC (TDC)

Tryg (TRYG)

* = Only Single Stock Futures available on this stock class

In the following categories of shares call and put

Options and Futures are listed with only one (1)

underlying Contract Share


A.P. Møller-Mærsk B (MAERSK)

3 months: Jan, Feb, Apr, May, Jul, Aug,

Oct, Nov




Options (DKK)

< 6 months term (DKK) > 6 months term (DKK)

0 – 6 0.5 1

6 – 30 1 2

30 – 70 2.5 5

70 – 200 5 10

200 – 1500 10 20

1500 – 2000 50 100

2000 – 5000 100 200

5000 – 10000 250 500

10000 – 30000 500 1000

30000 – 1000 2000




1.4 NASDAQ OMX NORWEGIAN EQUITIES (NNOax) – STOCKS LISTED IN NOK

Group 1

In the following category of shares call and

put Options, Forwards and Futures are listed


DnB NOR ASA (DNBNON) 3 months: Jan, Feb, Apr, May, Jul, Aug, Oct, Nov

Gjensidige Forsikring ASA (GJFN)

Marine Harvest ASA (MHGN)


Norsk Hydro ASA (NHYN)

Norske Skogindustrier ASA (NSGN)

Orkla ASA (ORKN)

Petroleum Geo-Services ASA (PGSN)

Renewable Energy Corp ASA (RECN)

Royal Caribbean Cruises Ltd (RCLN)

Seadrill Ltd (SDRLN*)

Statoil ASA (STLN)

Storebrand ASA (STBN)

Subsea 7 S.A. (SUBCN)

Telenor ASA (TELN)

Yara International ASA (YARN)

* 100% dividend adjusted



Options (NOK)

< 6 months term (NOK) > 6 months term (NOK)

0 – 10 0.25 0.5

10 – 20 1 2

20 – 50 3 6

50 – 180 5 10

180 – 360 10 20

360 – 600 20 40

600 – 30 60




1.5 Blank

1.6 Blank

1.7 SWEDISH EQUITIES – INDEX (OMXS30)

Expiration Months

3 months 12 months 36 months

Call and Put Options,

Futures Contracts

FEB, APR, MAY,

JUL, AUG, OCT,

NOV

MAR, JUN, SEP,

DEC

DEC

Normal exercise price

interval for

categories of shares

call and put Options:

Exercise Price (SEK) Interval for Option

contracts with a Term

less than 15 days

Interval for Option


less than 6 months

Interval for Option


more than 6 months

0 – 1 000 5 10 20

1 000 – 10 20 40

Start value: 125 (30/9

1986, Split 4:1 27/4)

1.8 SWEDISH EQUITIES - INDEX (OMXSB)

Expiration months

6 months 24 months

Futures Contracts MAR, JUN, SEP DEC

1.9 NASDAQ OMX NORWEGIAN EQUITIES - INDEX (OMXO20)

Expiration months

Call and Put Options, Futures Contracts

3 months 6 months 24 months

JAN, FEB, APR, MAY, JUL, AUG, OCT, NOV MAR, JUN, SEP DEC

Normal exercise price interval for categories

of shares call and put Options:

Exercise Price (NOK) Interval for Option


less than 6 months

Interval for Option


more than 6 months

0 – 150 3 6

150 – 500 5 10

500 – 1000 10 20

1000 – 20 40




1.10 DANISH EQUITIES– INDEX (OMXC20 AND OMXC20CAP)

Expiration months1

3 months 9 Months


Futures Contracts

JAN, FEB, APR, MAY, JUL,

AUG, OCT, NOV

MAR, JUN, SEP, DEC



Exercise Price (DKK) Interval for Option


less than 6 months

Interval for Option


more than 6 months

0 – 500 5 10

500 – 1000 10 20

1000 – 20 40

Start value: 3 juli 1989: 100

1.11 NORDIC EQUITIES - INDEX (VINX30)

Expiration months

3 months


Futures Contracts

All months



Exercise Price (EUR) Interval for Option


less than 6 months

Interval for Option


more than 6 months

0 – 1 000 10 20

1 000 – 20 40

Start value: 100 (29/12, 2000)

1.12 WEEKLY OPTIONS – INDEX (OMXS30) IN SEK

Expiration Weeks

2 weeks

Call and Put Options Week 1,2, 4 and

where applicable 5

of the month

Normal exercise price

interval for

categories of shares

call and put Options:

1 As of November 11, 2011 NASDAQ OMX will discontinue the series generation in OMXC20. Call and put options and futures contracts with expiration months November and December 2011, as well as January 2012, are available for trading

and clearing in OMXC20. Remaining expiration months, starting from February 2012, will be listed as from December 2011, in OMXC20CAP.



1 7 M A R C H 7 A P R I L 2 0 1 4 • A P P E N D I X 2 • Q U O T A T I O N L I S T • P A G E 1 0 ( 18)

Exercise Price (SEK) Interval for Weekly

Option contracts

0 – 1 000 5

1 000 – 10

1.13 Blank

1.14 TM (NON-STANDARDISED PRODUCTS)

TM Contracts are Registered following acceptance of application for Registration.

1.15 BINARY OPTIONS, OVER UNDER - STOCKS AND INDEX LISTED IN SEK

Group 1

In the following categories of instruments OverUnder are listed with a Term of three months

ABB (ABB)

Ericsson B (ERICB)

Hennes & Mauritz B (HMB)

Nokia (NOKIA)

Nordea (NDA)

OMXS30 index (OMXS30)

SEB A (SEBA)

SHB A (SHBA)

Swedbank (SWEDA)

TeliaSonera (TLSN)

Volvo B (VOLVB)

Expiration months

3 months

Group 1 All months

Exercise price intervals

Same as for standard options on the underlying instrument in question.

1.16 SWEDISH EQUITIES (SEetf) – EXCHANGE TRADED FUNDS IN SEK

In the following categories of Exchange Traded Funds call

and put Options are listed


XACT OMXS30 ETF (XACT) 3 months: All months


Normal exercise price interval

for categories of call and put

options on ETFs (SEK)

< 6 months term (SEK) > 6 months term (SEK)

0 – 50 1 2

50 – 150 2 4

150 – 500 5 10

500 – 10 20




2. CREDIT MARKETS INSTRUMENTS (OMR)

Clearing listing

TM Contracts are Registered following acceptance of application for Registration.

R 2 (2-year Government Bond)



Term: 6 months

Expiration months: MAR, JUN, SEP, DEC

NBHYP5 (5-year Nordbanken Hypotek Bond)

NBHYP2 (2-year Nordbanken Hypotek Bond)

SB5 (5-year SBAB Bond)

SPA 5 (5-year Spintab Bond)

SPA 2 (2-year Spintab Bond)

ST 5 (5-year Caisse- or Stadshypotek Bond)

ST 2 (2-year Caisse- or Stadshypotek Bond)

Term: 3 months


STIBOR-FRA (90-day deposit rates)

Term: 36 months


NIBOR-FRA (90-day deposit rates)

Term: 24 months


NIBOR-FRA (180-day deposit rates)

Term: 12 months


RIBA-Futures

Term: 24 months


2STAT-, 5STAT- and 10STAT-futures (Bond-futures)

Term: 6 months


3MSTIB-futures (STIBOR-futures)

Term: 36 months





MBF (Mortgage Bond Future)

Term: 3 months


CIBOR-futures

Term: 24 months


Buy-sell-back/Sell-buy-back Repo contracts

A comprehensive list of eligible securities can be found in the Benchmark Bond list which is

published on:

http://nordic.nasdaqomxtrader.com/trading/fixedincome/Sweden/benchmark_bonds_turnover_list/

Series term can be found in contract specification 3.38.

http://nordic.nasdaqomxtrader.com/trading/fixedincome/Sweden/benchmark_bonds_turnover_list/




3. INSTRUMENTS FOR WHICH THE CO-OPERATING EXCHANGE IS THE PRIMARY

EXCHANGE

3.1 ELECTRICITY CONTRACTS

3.1.1 Futures

NORDIC POWER (EUR)

Days Weeks

Base 2-9 6

Peak N/A 5

GERMAN POWER (EUR)

Days Weeks Months Quarters Years

Base N/A 4 6 8-11 5

Peak N/A 4 6 8-11 5

DUTCH POWER (EUR)

Days Weeks

Base N/A 4

UK POWER (GBP)

Days Weeks Months Quarters Seasons

Base N/A 5 4 5 5

Peak N/A 5 4 5 3

Electricity Price Area Differential or EPAD (EUR)

Days Weeks Months Quarters Years

Base Swedish and

Finnish areas N/A 5 N/A N/A N/A

Base Germany N/A N/A 2 3 2

3.1.2 DS Futures

NORDIC POWER (EUR)

Months Quarters Years

Base 6 8-11 10

Peak 2 3 1

GERMAN POWER (EUR)


Base 6 8-11 5

Peak 6 8-11 5




DUTCH POWER (EUR)


Base 3 3 2

Electricity Price Area Differential or EPAD (EUR)


Base Norwegian,

Danish and Estonian

areas

2 3 3

Base Swedish and

Finnish areas 4 4 4

Base Germany 2 3 2

3.1.3 Options

NORDIC POWER (EUR)

DS Future

Quarters Years

Base 2 2

GERMAN POWER (EUR)

DS Future


Base 3 2 2

GERMAN POWER (EUR)

Future


Base 3 2 2

3.2 NATURAL GAS CONTRACTS

3.2.1 UK Power (GBP)

Days Weeks Months Quarters Seasons

Base N/A 5 4 5 5

3.3 ALLOWANCE CONTRACTS

3.3.1 European Union Allowances (EUR)

Futures Day 5 days Quarterly 2 front years




Annual Until 2020 DS Futures Annual Until 2014 Options Quarterly 2 front years

3.3.2 European Union Aviation Allowance (EUR)

Futures Quarterly 2 front years Annual Until 2020

3.3.3 Certified Emissions Reductions (EUR) Futures Day 5 days

Quarterly 2 front years

Annual Until 2020

Options Quarterly 2 front years

3.4 SWEDISH AND NORWEGIAN ELECTRICITY CERTIFICATES (EL-CERTS) CONTRACTS

3.4.1 Norwegian and Swedish Electricity certificate (El-Cert)

Future SEK/EUR Day 5 days DS Futures

SEK/EUR Annual 5

years

rolling

3.5 FREIGHT AND FUEL OIL CONTRACTS

3.5.1 Futures

Freight

Contract Months Quarters Half years Years

CS4TC 6 6 2 7

HS6TC 6 6 2 7

PM4TC 6 6 2 7

SM6TC 6 6 2 7




Contract Months Quarters Half years Years

P1A 6 4 N/A N/A

P2A 6 4 N/A N/A

P3A 6 4 N/A N/A

P1A AVG 6 4 N/A N/A

P2A AVG 6 4 N/A N/A

P3A AVG 6 4 N/A N/A

C3 AVG 6 4 N/A 1

C4 AVG 6 6 N/A 3

C5 AVG 6 4 N/A 1

C7AVG 6 6 N/A 3

C9 AVG 5 5 N/A 2

TC2USD 6 5 N/A 2

TC4USD 6 5 N/A 2

TC5USD 6 5 N/A 2

TC6USD 6 5 N/A 2

TC12USD 6 5 N/A 2

TC14USD 6 5 N/A 2

TD3_TCE 6 5 N/A 2

TD3USD 6 5 N/A 2

TD5USD 6 5 N/A 2

TD7USD 6 5 N/A 2

TD8USD 6 5 N/A 2

TD9USD 6 5 N/A 2

TD17USD 6 5 N/A 2

TD19USD 6 5 N/A 2




Fuel Oil

Contract Months Quarters Years

RDM35FOSS 6 6 2

SPO180FOSS 6 6 2

SPO380FOSS 6 6 2

MED35FOSS 6 6 2

NWE10FOSS 6 6 2

3.5.2 Options

Options on the Contracts of this section 3.5 are listed on request by members and brokers on the

available futures listed according to the quotation list above, excluding fuel oil.




4. COMMODITY INSTRUMENTS

Clearing listing

4.1 IRON ORE CONTRACTS

4.1.1 Futures


CHN62FE 24 4 1

4.1.2 Options

Options on the Contracts of this section 4.1 are listed on request by members and brokers on the

available futures listed according to the quotation list above.

4.2 SEAFOOD CONTRACTS

4.2.1 Futures


FPSA 4 4 2

4.2.2 Options

Options on the Contracts of this section 4.2 are listed on request by the COM Third Party

Exchange, members and brokers on the available futures listed according to the quotation list

above.

rv93 chapter 2 - nasdaq€¦ · exchange rules and clearing rules of nasdaq omx derivatives markets...

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