Equity Option Underlying
Definition
Equity Option Underlying. The equity security that must be delivered when the option contract is exercised.
Issues and Challenges
From SME Review 16 Dec 2009: Equity Option uses consolidated market data feed for the price of the underlying. so this is specified by for instance the national market system that consolidates the market information, so everyone is looking at the same Last Trade information. See Equity diagram where we have "Composite" market consisting of a number of markets. The Equity is normally not traded on the options exchange. But they will still attach to a market even if it's not their own. Further research: national market systems (US, what about the rest?)
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/ExchangeTradedDerivatives/ExchangeTradedOptions/index-en.html + |
