ICE Akzo Nobel NV

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Akzo Nobel N.V. is a global manufacturer of specialty chemicals based in the Netherlands. They manufacture decorative paints and coatings, surfactants, polymer, pulp and paper, bleaching and oxidizing, salt-chlorine, and other chemical products.[1] The company has a diverse portfolio for their paints and coatings: it includes ships, cars, aircraft, yachts and architectural components (structural steel, building products, flooring), consumer goods (mobile devices, appliances, beverage cans, furniture), and oil and gas facilities.[2]

Please see ICEBlock Only contracts here[3]

Akzo Nobel NV Futures
Trading Screen Product Name IMEQ Akzo Nobel NV - Amer Phys FLEX Opt
Trading Screen Hub Name ICNL
Contract Symbol AKQ
Unit of Trading One option normally equals rights over 100 shares.
Quotation Euro per share
Minimum Price Fluctuation 0.01 Euro per share / 1 Euro per contract
Last Trading Day 17:30 Amsterdam Time. Third Friday in expiry month
  • In the event that this day is not a business day, then the Last Trading Day shall normally be the preceding full business day
Algorithm Price-time trading algorithm with priority given to the first order at the best price.
Block Trade Minimum 51 contracts

Block Trades can be reported up to 17:30 Amsterdam time on any business day other than the Last Trading Day

Strike Price Intervals 5 strikes above/below ATM, increment of 1.00
Exercise Exercise by 19:30 Amsterdam time on any business day
Delivery Months The nearest 3 expiry months plus one quarterly from Mar, Jun, Sep, Dec cycle
Settlement Date Settlement Date is two business days following the day of exercise/Last Trading Day.
Deliverable Specifications Delivery will be 100 shares (or other such number of shares as determined by the terms of the contract).
Option Premium Payable in full by the buyer on the business day following a transaction.
Additional Information In the United States these products may only be offered and sold to prescribed entities under specified conditions.
Stock Exchange EuroNext Amsterdam
MIC Code IMEQ
Clearing Venues ICNL
Trading Hours CITY TRADING PRE-OPEN
NEW YORK 3:00 AM - 11:30 AM

03:00 - 11:30

None
LONDON 8:00 AM - 4:30 PM

08:00 - 16:30

None
SINGAPORE 4:00 PM - 12:30 AM

16:00 - 00:30

None
Codes Clearing Admin Name IMEQ ENX AMS
Physical AKQ
Logical AKQ
GMI (FC) None
ION A.C.N. None

Notes

References

  1. Akzo Nobel NV. Bloomberg.
  2. Akzo Nobel NV. Reuters.
  3. ICEBlock Only contracts. ICE.

Resources

ICE Akzo Nobel NV Product Spec