As of Monday, May 6, 2024, Nasdaq Derivatives Markets will introduce:
- Option Contracts up to and including 24-month contracts and 24-month Forward and Gross Return Forward Contracts on three shares: FORTUM, NOA and UPM:
| Stock Class | Cash Ticker | Derivatives Symbol | ISIN | Contract Length | Risk Para-meter | Minimum Block Size | Minimum Deferral Size | Underlying Code |
| Fortum Oyj | FORTUM | FORTUM | FI0009007132 | 24 | 10 | 50 | 1000 | 21021 |
| Nokia Oyj | NOKIA | NOA | FI0009000681 | 24 | 16 | 700 | 4000 | 21242 |
| UPM-Kymmene Oyj | UPM | UPM | FI0009005987 | 24 | 10 | 50 | 500 | 21253 |
- and Option Contracts up to and including 12-month contracts on KNEB:
| Stock Class | Cash Ticker | New Derivatives Symbol | ISIN | Contract Length | Risk Para-meter | Minimum Block Size | Minimum Deferral Size | Underlying Code |
| KONE Oyj | KNEBV | KNEB | FI0009013403 | 12 | 11 | 50 | 500 | 21051 |
From that date, the new standardized contracts will be available in the exchange and clearing systems, although suspended from trading and clearing until the trading start date.
Trading and clearing start date for the new standardized contracts will be published minimum five trading days in advance.
Flexible Option Contracts are available for trading and clearing from Monday, May 6, 2024.
The deliverable instrument for all the new derivatives is the stock class listed at Nasdaq Helsinki. All the derivatives instruments will be denominated in Euro. Flexible Instruments will be offered on all of them.
The series will be included in the Market Notice “New Strikes Stock Products” that will be sent out after business on Friday, May 3, 2024.
References to Exchange Rules and Regulations of Nasdaq Derivatives Markets
Relevant Contract Specifications for all the new products above are in Chapter B of the Rules and Regulations for Nasdaq Derivatives Markets:
- B.3 FIax OPTIONS (OPTIONS IN FINNISH SHARES AND DEPOSITARY RECEIPTS)
- B.15 FIax FORWARDS (FORWARDS IN FINNISH SHARES AND DEPOSITARY RECEIPTS)
- B.16 FIax FORWARDS (GROSS RETURN FORWARDS IN FINNISH SHARES AND DEPOSITARY RECEIPTS)
Please see the Appendixes -section of Rules and Regulations for:
- Fee Lists;
- Quotation List (available Contract Terms, Strike Price Intervals, On Request framework, and further
- details);
- Market Model including, i.a. Spread Table, Market Maker Protection Quantity, Minimum Quote Size
- and Order Price Limit tables.
Trading hours and trading calendar are the same as for current Single Stock Derivatives on Finnish stock classes.
For further information concerning this exchange notice please contact Jari Elo, jari.elo@nasdaq.com or telephone +358 9 6166 7275.
Nasdaq Derivatives Markets