Euronext Amsterdam Notification of Intent to Undertake Familiarization Activities in Reliance on Class No-Action Relief

September 17, 2014
VIAE-MAIL
Stephen Luparello, Esq.
Director
Division of Trading and Markets
Securities and Exchange Commission
101 F Street, N.E.
Washington, D.C. 20549-1090
Katten
KattenMuchinRosenman LLP
525 W. Monroe Street
Chicago, IL 60661-3693
312.902.5200 tel
312.902.1061 fax
www.kattenlaw.com
Re: Notification of Intent to Undertake Familiarization Activities in Reliance on Class No-Action Relief Dear Mr. Luparello:
On behalf of Euronext, we are writing to provide notification of the intent of Euronext Amsterdam NV ("Euronext Amsterdam"), a Foreign Options Market, its Members and Representatives, to rely upon the Class No-Action Letter issued by the Division on July 1, 2013 (the "Class Relief'),1 to undertake limited activities to familiarize certain registered broker￾dealers and large financial institutions in the United States ("Eligible Broker-Dealers/Eligible Institutions") with Euronext Amsterdam and certain equity and index options ("Eligible Options") traded thereon.
I. Notification
Description of the Foreign Options Market
Euronext Amsterdam, a subsidiary of Euronext NV, is a market operator regulated by the Dutch regulator, the AFM. Euronext Amsterdam and its affiliated persons intend to rely on the Class Relief to undertake familiarization activities, as described in the Class Relief, for Eligible Options. 1 Letter from James R. Burns, Deputy Director, Division, Securities and Exchange Commission ("Commission"), the Arthur W. Hahn, Katten Muchin Rosenman LLP, dated July 1, 2013. All capitalized terms not otherwise defined in this letter have the same meaning as set forth in the Class Relief. AUSTIN CENTURY CITY CHARLOTTE CHICAGO HOUSTON IRVING LOS ANGELES NEW YORK ORANGE COUNTY SAN FRANCISCO BAY AREA SHANGHAI WASHINGTON, DC LONDON: KATTEN MUCHIN ROSENMAN UK LLP A limited liability partnership including professional corporations

Stephen Luparello, Esq.
September 1 7, 20 14
Description of the Eligible Options
Katten
KattenMuchlnRosenman LLP
This notification pertains to the following categories of Eligible Options:

• Equity Options: Options whose underlying security is an European equity
  security that trades on Euronext Amsterdam' regulated market for securities or on another regulated market elsewhere in Europe. At present, the other regulated markets are Euronext Brussels, Euronext Paris, London Stock Exchange, Deutsche Borse, Borsa Italiana, Bolsas y Mercados Espanoles, Swiss Exchange, OMX Stockholm, Oslo Stock Exchange, OMX Copenhagen, Weiner Borse, Irish Stock Exchange and OMX Helsinki.
• ETF Options: Options whose underlying security is a European ETF that trades
  on Euronext Amsterdam' regulated market for securities or on another regulated market elsewhere in Europe (including non-EU jurisdictions such as Switzerland and Norway). The component stocks for the European ETFs that will be covered for this notification will not include any US underlying stocks.
• Index Options: Currently, options based on the AEX, a broad-based index of
  Dutch securities.
• We note that Euronext Amsterdam listed contracts are not fungible with any
  contrast listed on any other market. All Euronext Amsterdam contracts will be cleared by LCH Cleamet SA.
  II. Conditions and Representations
  On behalf of our client, we make the following acknowledgement and representations:
  Euronext Amsterdam represents that it will provide Commission staff promptly upon request a list of the specific equity, ETF and index options covered by its request for relief, and will identify the primary listing market for each underlying equity security and/or index component. Euronext Amsterdam represents that steps have been taken by Euronext Amsterdam to ensure compliance of Euronext Amsterdam with, and to assure Euronext Amsterdam's continued compliance with, each of the representations and conditions contained in the Class Relief. Euronext Amsterdam acknowledges that the Class Relief is only available to Euronext Amsterdam, its representatives, and members to the extent that they are and

Stephen Luparello, Esq.
September 17, 2014
Katten
KattenMuchinRosenman LLP remain in compliance with each of the representations and conditions contained in the Class Relief. Euronext Amsterdam represents that all subject entities covered by the Class Relief will comply with each of the representations and conditions contained in the Class Relief, including the restriction on securities of U.S. issuers.

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If you have any questions regarding this notification, please contact the undersigned at (312) 902-5494. Sincerely, ~d ~,~Lad-+ J anet M. Angstadt JMA:vl: 101os2o2o cc: Nicholas Weinreb