Trading ceases at 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. Central order book applies a price-time trading algorithm with priority given to the first order at the best price. Exercise is possible until Weekly 1, 2, 3 monthly; 6, 9, 12 months quarterly of the March, June, September, December cycle ; 18, 24, 30, 36 months half yearly of the June, December cycle and 48, 60 months yearly of the December cycle.
See the document "Expiry Months Listed Per Class" in "Related documentation" to find out which expiry months are listed per class. American style Holders of long positions are entitled to exercise their options before the expiration date. Physical delivery of shares or other such number of shares as determined by the terms of the contract through the settlement system of LCH.
Please check the exact exercise rules with your broker. In the United States these products may only be offered and sold to prescribed entities under specified conditions. Daily derivatives statistics reports. Skip to Content Skip to Navigation. Accessing the Capital Markets. Other corporate and financing actions. Admission forms, on-going obligations and fees.
Products By Asset Type. Minimum price movement tick size and value. Central Order Book Full contract specification and related documents. One option normally equals rights over underlying shares. Payable in full by the buyer on the business day following a transaction. More on Stock Options. Stock Options Overview Contract List.More...