SFE appoints market makers for options

The Sydney Futures Exchange (SFE) has appointed two official market makers for its SPI 200 options contract in an attempt to enhance the liquidity of the exchange-traded options market.

The two market makers – Optiver Australia and Timber Hill – began making two-way markets this week.

“The continuous presence of official market makers will significantly improve price discovery, liquidity and market integrity in SFE SPI 200 options," said Peter Hiom, general manager, strategy and business development at the SFE.

Hiom said the move could create an attractive alternative to over-the-counter hedging instruments used by institutional fund managers.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here