Activity

Euronext has escalated its rivalry with Frankfurt-based Eurex by launching mini German single stock options on June 23, 2025. This move comes just two months after the successful introduction of its French and Dutch mini options on May 12, 2025.
Charlotte Alliot, head of financial derivatives at Euronext, openly stated this initiative is a direct “attack on Eurex,” citing Eurex’s significant market share in French, Dutch, and Italian equity options. Euronext aims to “fight back where we can make the difference.”
The new German mini options are listed on the Euronext Amsterdam equity derivatives market and are built on the underlying stocks of five major German companies: SAP, Siemens, Rheinmetall, Adidas, and Allianz. Initial trading has primarily focused on SAP and Rheinmetall.
These mini single stock options are designed with 10 underlying shares per contract, significantly less than the standard 100. This smaller contract size is intended to provide retail investors with greater exposure to high-priced Euronext-listed stocks and to simplify the hedging of odd lots.
Since their launch, Euronext’s seven Dutch and French mini options have seen approximately 70,000 contracts traded, with a notable 30% participation from retail investors. This success likely fueled the rapid expansion into the German market.

Video courtesy of CSOB

Video courtesy of CSOB