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Product LoginTuesday, December 6, 2022
Options Trader Alert #2022 - 43
Nasdaq PHLX to launch XND Daily Expiries
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On Monday, December 12, 2022, Nasdaq PHLX (PHLX) will commence the trading of XND Daily p.m.-settled options on the Nasdaq 100® Micro Index. Listing of Daily XND ExpirationsOn Monday, December 12, 2022, Phlx will list Daily XND Expirations with the following expiration dates:
As part of the Nonstandard Expirations Pilot Program, PHLX has been approved to list up to 5 continuous weeks of p.m.-settled daily expirations in XND. The next listing date will be December 16, 2022, where Phlx will list XND daily options with an expiration date of Tuesday, January 3, 2023. Phlx will continue to list additional XND daily expirations on an ongoing two-week out rolling basis, with the ability to list up to five weeks out at a later date. Like other XND options, XND “Dailies” are a series of the XND options class. XND options are p.m.-settled, that is, their exercise settlement value is based on the closing level of the Micro Nasdaq-100 Index on the day the options expire. The settlement value for XNDC is calculated as specified here in: https://indexes.nasdaqomx.com/Index/History/XNDC Any questions may be directed to: Nasdaq Options Sales Team: (212) 401-8710 / sales@nasdaq.com or the Nasdaq Market Operations Desk: (215) 496-1571 / OptionsHelpdesk@nasdaq.com. |
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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.
