etrader Ltd. today announced that it will issue binary options on Ratio Oil Exploration (1992) LP (TASE:RATI.L), Delek Group Ltd. (TASE: DLEKG), and Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L), in response to the heavy trading in oil and gas exploration partnerships.
In recent weeks, Ratio has frequently had the largest daily turnover of any share on the Tel Aviv Stock Exchange (TASE), partly because of the start of exploratory drilling at the Leviathan structure, in which it is a partner with Delek and Noble Energy Inc. (NYSE: NBL). Delek, Noble Energy, and Isramco are also partners in the Tamar license.
etrader will offer put and call options on the shares.
etrader, for the past three years, has enabled trading in options in leading TASE-listed shares: Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA), Israel Chemicals Ltd. (TASE: ICL), Bank Hapoalim (TASE: POLI), Bank Leumi (TASE: LUMI), and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ). eTrader's website also enables trading in options on foreign shares, such as Microsoft Corporation (Nasdaq: MSFT), Coca Cola Company (NYSE: KA), Apple Inc. (Nasdaq: AAPL), Check Point Software Technologies Ltd. (Nasdaq: CHKP), and Noble Energy.
Published by Globes [online], Israel business news - www.globes-online.com - on October 17, 2010
© Copyright of Globes Publisher Itonut (1983) Ltd. 2010