ASX options History - Assessment PDF

Title ASX options History - Assessment
Author Ifrah Kiran
Course Derivative
Institution Western Sydney University
Pages 1
File Size 48.7 KB
File Type PDF
Total Downloads 101
Total Views 171

Summary

Assessment...


Description

1976:   

The Australian Options Market (AOM) was established by the Sydney Stock Exchange on 3 February 1976. First marketplace outside North America for a new investment instrument - Exchange Traded Options (ETOs). ETOs over four stocks were initially traded: BHP, CSR, Western Mining Corp. Ltd and Woodside-Burmah Oil NL.

1987 

The Australian Stock Exchange Limited (ASX) was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament.

1989: 

Formal linking of Australian Options Market and Australian Financial Futures Market

1990:



Formal linking of Australian Options Market and Australian Financial Futures Market

1991  

New trading floor for the Australian Options Market (AOM). SYCOM begins trading options on financial futures

1993 

SFE launched overnight options on futures, the world’s first product of its type.

1994 

Flex options introduced. Allowed investors to tailor expiry month, strike price and exercise style.

1995 

Introduction of Low Exercise Price Options (LEPOs) by ASX

1997 

CLICK, the new automated options trading system for ASX's derivatives market commences.

1998 

Last day of options (derivatives) trading on the trading floor. Transfer of trading to the national electronic Derivatives Trading Facility (DTS)

2016 

Weekly and serial equity options begin trading....


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