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Tuesday, June 5, 2018

Options Trader Alert #2018 - 22
Nasdaq ISE Introduces Nasdaq-100® Reduced-Value Index Options

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

On Tuesday, June 26, 2018, Nasdaq ISE (ISE) will list NQX Options, which have a 1/5 notional value to traditional Nasdaq-100 NDX Options. NQX will roll out for trading with standard Friday monthly expirations on the following initial expiration dates:

  • July 20, 2018
  • August 17, 2018
  • September 21, 2018
  • October 19, 2018
  • November 16, 2018
  • December 21, 2018

 

On Thursday, July 19, 2018, ISE will list NQX Options for trading with Friday weekly expirations, with the following initial expiration dates:

  • July 27, 2018
  • August 3, 2018
  • August 10, 2018
  • August 24, 2018
  • August 31, 2018

 

Trading Hours

Regular trading hours will be 9:30 a.m. to 4:15 p.m. Eastern (4:00 p.m. Eastern on day of settlement).

Product Definition

  • Contract Multiplier: 100
  • Minimum Strike Interval: $1.00
  • Exercise Style: European
  • Expiration: P.M. expiry
  • Settlement: Cash-settled

 

For additional information, please refer to the NQX Product Sheet.

Please contact sales@nasdaq.com with any additional questions.


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