Tailor Made Derivatives
Tailor made contracts (TMC) are traded outside the standardized market on the Oslo Børs and reported for clearing to Oslo Clearing.
Clearing of tailor made derivatives contracts are offered on listed shares at Oslo Stock Exchange, Stockholm Stock Exchange or Nordic Growth market, indexes and custom made indexes. You can tailor underlying security, expiration date, expiration type, settlement style and strike price (options).
All TMC on listed shares at Oslo Stock Exchange needs to be reported to Oslo Stock Exchange for statistical and surveillance purposes.
TMC allows you to take advantage of derivatives, if your portfolio requires features that the standardized market can't offer. You still have the advantages of clearing, such as electronic registration, corporate action surveillance, recalculation handling, cross margins between TMC, standardized contracts, underlying securities and security lending contracts and a legal framework. In short, TMC combine the flexibility and anonymity in the OTC market with the security and efficiency of the standardized market.