BME launches new derivative contracts on PUIG shares
· With this incorporation, MEFF, BME's derivatives market, now has 47 Spanish underlyings
MEFF, BME's derivatives market, has launched today new derivatives contracts on PUIG shares. The company, which started last May 3 in the largest IPO in Spain since 2015 and the largest in the world so far this year, has a market value of 14.7 billion euros and its shares have appreciated by 6.1% since its launch.
After its stock market debut, now BME makes available to the market the Futures and Options contracts on PUIG shares, which becomes the first underlying of the textile, footwear, cosmetics and fragrances subsector. With this addition, the total number of Spanish underlyings that can be traded on MEFF is 47.
"This new launch reaffirms our commitment to constantly improve and expand the derivatives product offering for investors. More than 75% of the activity in our derivatives market comes from international investors, which demonstrates the attractiveness of Spanish indices and equities in the global investment community," explains Clotilde Salmerón, General Manager of MEFF.
MEFF has the commitment of Susquehanna International Securities LTD, (SIG) as a provider of Equity Options Liquidity. Conor McCann, European Head of Derivatives Direct Client Trading at SIG, explains that "we are delighted to be a market maker for the new PUIG derivatives series. SIG is committed to supporting the Derivatives Market's efforts to list more products and expand its offering. We stand ready to price and provide liquidity on both the electronic order book and the Off Order Book Agreed Trades system for those interested in trading this underlying.
In addition to Equity contracts, BME's Derivatives market offers a wide range of tradable products such as Futures and Options on the IBEX 35© index, Futures on IBEX Impact Dividend index and on Dividend Shares of the companies with the highest trading volumes. The product portfolio is completed with xRolling contracts on both currencies and stocks.
You can find more information about MEFF on its website.
· With this incorporation, MEFF, BME's derivatives market, now has 47 Spanish underlyings
MEFF, BME's derivatives market, has launched today new derivatives contracts on PUIG shares. The company, which starred last May 3 in the largest IPO in Spain since 2015 and the largest in the world so far this year, has a market value of 14.7 billion euros and its shares have appreciated by 6.1% since its launch.
After its stock market debut, now BME makes available to the market the Futures and Options contracts on PUIG shares, which becomes the first underlying of the textile, footwear, cosmetics and fragrances subsector. With this addition, the total number of Spanish underlyings that can be traded on MEFF is 47.
"This new launch reaffirms our commitment to constantly improve and expand the derivatives product offering for investors. More than 75% of the activity in our derivatives market comes from international investors, which demonstrates the attractiveness of Spanish indices and equities in the global investment community," explains Clotilde Salmerón, General Manager of MEFF.
MEFF has the commitment of Susquehanna International Securities LTD, (SIG) as a provider of Equity Options Liquidity. Conor McCann, European Head of Derivatives Direct Client Trading at SIG, explains that "we are delighted to be a market maker for the new PUIG derivatives series. SIG is committed to supporting the Derivatives Market's efforts to list more products and expand its offering. We stand ready to price and provide liquidity on both the electronic order book and the Off Order Book Agreed Trades system for those interested in trading this underlying.
In addition to Equity contracts, BME's Derivatives market offers a wide range of tradable products such as Futures and Options on the IBEX 35© index, Futures on IBEX Impact Dividend index and on Dividend Shares of the companies with the highest trading volumes. The product portfolio is completed with xRolling contracts on both currencies and stocks.
You can find more information about MEFF on its website.
