NYSE Euronext U.S. Options Exchanges to Begin Trading Options on TWTR Friday, November 15
-Will Be Added to Weekly Option Series
NEW YORK, November 12, 2013 – NYSE Euronext U.S. Options today announced that its NYSE Amex ; and NYSE Arca options exchanges intend to begin trading options on Twitter (NYSE: TWTR) at the market open on Friday, November 15. ; Pending regulatory approval, NYSE Amex Options also intends to select TWTR for the listing of Short Term Option Series, with series expiring on the next five consecutive Fridays. ;
By rule, the listing of options on Twitter (TWTR) requires five days of stock trading history before it can be certified at the Options Clearing Corporation (OCC), which would occur on Thursday, Nov. 14, for trading on Friday, Nov. 15. ; The Specialists and Market Makers for options on TWTR will be:
Timber Hill LLC will serve as the Specialist on NYSE Amex Options
Bank of America Merrill Lynch will serve as the ; e-Specialist ; on NYSE Amex Options
Citadel Securities will serve as the Lead Market Maker on NYSE Arca Options
NYSE Euronext offers customers two exclusive platforms to trade equity options with reliability, transparency and efficiency: NYSE Arca and NYSE Amex options. ; Together, these options exchanges present a compelling dual market structure with the choice of price-time priority with liquidity-provider rebates on NYSE Arca Options, or a customer-priority model with an expanded array of services on NYSE Amex Options.
For more information about NYSE Euronext U.S. Options Exchanges, ;click here.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company’s exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext’s equities markets – the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca – represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world’s second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. For more information, please visit: http://www.nyx.com.
Contact: Eric Ryan