International derivatives exchange Eurex plans to extend the terms of certain German and Swiss equity options.As of July 21, the terms of 20 German and 14 Swiss equity options will be expanded from 12 months to a maximum of 24 months, said Eurex, adding that this is in response to increasing demand for longer terms.
“This is also in line with the trend on the over-the-counter market,” said Eurex.
The options affected include contracts on car manufacturers BMW and Porsche, and Swiss bank Julius Bär.
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