Alibaba Options Detail Released
BZ Note: weblink --> http://www1.nyse.com/pdfs/NYSE_Amex_Options_BABA_Listing_9.18.14.pdf
NYSE Amex Options and NYSE Arca Options exchanges intend to begin trading options on Alibaba Group Holding LTD. (NYSE: BABA) at the market open on Monday, September 29, subject to the commencement of initial trading on NYSE on Friday, September 19. By rule, the listing of options on Alibaba (BABA) requires five days of stock trading history on its primary market, the NYSE, before it can be certified at the Options Clearing Corporation (OCC). Certification is anticipated on Friday, September 26, for listing and trading on options exchanges on Monday, September 29.
The Specialists and Market Makers for options on BABA will be:
- Integral Derivatives will serve as the Specialist on NYSE Amex Options
- Morgan Stanley will serve as the e-Specialist on NYSE Amex Options
- Timber Hill will serve as the Lead Market Maker on NYSE Arca Options
Pending regulatory approval, NYSE Arca Options also intends to select BABA
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.