BME Launches European-Style Cash-Settled Options on Major Spanish Stocks

BME's derivatives arm MEFF has introduced European-style cash-settled options on eight blue-chip Spanish stocks, including Banco Santander and Telefónica. The cash-settlement mechanism eliminates physical delivery obligations while providing standardized, accessible contracts through order book visibility.

The new products cater to investors seeking sophisticated strategies without early exercise risk. "We're continuously expanding our product suite to meet client demands," said MEFF Head Clotilde Salmerón, highlighting the exchange's focus on market innovation.

Notably absent are cryptocurrency underlyings, as traditional finance institutions gradually bridge the gap between conventional derivatives and digital asset markets. The launch underscores Europe's evolving derivatives landscape amid growing institutional demand for cash-settled products.