Equity derivatives: Updates to Deferral Thresholds and Minimum Block Sizes (175/24)


Following the European Securities and Markets Authority’s (ESMA) publication of the results of the annual transparency calculations for non-equity instruments, Nasdaq Derivatives Markets (Nasdaq Stockholm AB) will update the Deferral Thresholds for equity derivatives accordingly, taking effect from June 3, 2024.

The method for calculating the Deferral Thresholds, including the method on how to re-calculate these values following corporate actions, are described in the Annexe C (Block Trade Policies) to the Market Model and Functionality document published here: https://www.nasdaq.com/solutions/rules-regulations-derivatives-rules

Updated Deferral Thresholds for standardized derivatives, with effective date June 3, 2024, can be found in the attachment to this Notice. Please note that the values are subject to change as a result of any future corporate action adjustment.

Deferral Thresholds will also be updated for flexible derivatives contracts, applicable in case of Exchange Transactions.

Also effective June 3, 2024, minimum block sizes will be changed to 1 lot for all flexible derivatives contracts, applicable in case of Exchange Transactions. Please note that the minimum block sizes for standardized derivatives will remain unchanged.

For further information please contact your Nasdaq representative, or product managers Joakim Fernlund or Tomas Körberg.