Total volume in NYSE Liffe’s AEX-index daily and weekly options has now passed 20 million contracts.

Designed with short-term trading strategies in mind, the contracts were launched in March 2008 and May 2006 respectively and are traded on the Amsterdam market.

Daily and weekly options cost less to trade than longer-dated alternatives.

The short term option contracts were developed in close cooperation with market participants.

Hans Pieterse, managing director, Optiver Europe, says: “The volumes in daily and weekly AEX options confirm the model by which liquidity providers like Optiver, flow providers and NYSE Liffe have worked together to provide successful and transparent products for investors.”

Alan van Griethuysen, business head Benelux and Asia of NYSE Liffe, adds: “We want to thank our customers for helping us reach this milestone, which means that we can justly claim that our short-term equity index options contracts are the most successful in the world. The fact that almost 40 per cent of the turnover in these innovative markets comes from private investors shows that these contracts meet the needs of all investors.  We are therefore considering broadening the range of short-term products we offer.”