--- title: Montreal Exchange Announces More Expiries for Options on the BAX description: Montreal Exchange Announces More Expiries for Options on the BAX --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/montreal-exchange-announces-expiries-options-bax#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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These new expiries are known as the OBX Reds. Market Making & Liquidity Provider Programs The OBX market making and liquidity provider programs introduced on July 1, 2013 extend to the OBX Reds as well. Market making support for OBX is provided by TD Securities and DRW Investments. Mid-curves Market making support now extends to all mid-curve options, (OBW, OBY and OBZ). Rationale Activity in STIR futures contracts further down the curve has been growing steadily due to the low interest rate environment around the globe. A significant portion of this growth has been in the second year. Extending the OBX offering into the second year gives domestic and international market participants interested in the Canadian market the opportunity to take part in benefiting from this global trend. This initiative also supports the MX mission to develop high quality market and clearing services for the benefit of both Canadian and international clients.   This initiative also supports the MX mission to develop high quality market and clearing services for the benefit of both Canadian and international clients. For further information or to arrange an interview with an MX executive, please contact me at 416-814-8834 or [catherine.kee@tmx.com](mailto:catherine.kee@tmx.com). 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