Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange


 

 

July 19th, 2023

 

 

Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange

 
 
 

The Stock Markets Steering Committee of Athens Exchange, during today's session, approved the amendment of Resolution 39 "Futures Contracts on the MSCI Greece Rebased Index", concerning the terms for:

Α) Admission of series to trading, so that 2 additional expirations series will be available for trading. In particular, the number of ongoing series available will be eight (8), rather than the 6 expirations series that are available to be traded so far, namely 4 for the quarterly cycle and 4 for the monthly cycle.

Β) Market Making, so that there is continuous obligation, on a continuous basis, to a total of four (4) series of the nearest monthly expirations, instead of 3 series in which the continuous obligations has been set so far. In addition, there will be a widening of the maximum price spread when the price of the product exceeds the 6,000 index points, as follows:

 

 
 

C) Creation of Standard Combination Series, so that an additional standard combination on a continuous basis will be available (total of 3 standardized combinations), which should exclusively concern the quarterly expiration series of the product, to facilitate the process of rolling positions between quarterly expirations. More specific, in addition to the two existing standard combinations series between the 1st and 2nd and the 2nd and 3rd expirations series of the monthly cycle, there will be a combination between the 1st and the 2nd expirations series of the quarterly cycle.

Monday, July 24, 2023, is set as the date of application of the above amendments.

 

 
 
 
Download the Press Release

 

 

 

About Athens Exchange Group

The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.

Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatves markets, the alternative market and performs clearing and settlement of trades.

The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework. It has held the ISO 22301:2012 international standard for Business Continuity, for all its companies, including all its operations as well as the products & services it provides.

In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.

Its shares are traded on the Main Market of the Athens Stock Exchange (Symbol: EXAE).

The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.