NYSE Euronext’s European derivatives business, NYSE Liffe, will launch options on the shares of Aperam. The Aperam options, which will be introduced on the Amsterdam derivatives market of NYSE Liffe, will expire on the third Friday of the contract month and have initial lifetimes of one to 12 months.

Each option, which will represent 100 shares in Aperam, will be cleared through LCH.Clearnet. 323 Trading, Caerus and Kemp Trading will support the liquidity in the options, while trading will take place on LIFFE CONNECT. Aperam is the demerged stainless electrical and specialty steel activities of ArcelorMittal.

Click here for the release from NYSE Euronext.