CAC 40 index mini futures

CAC 40 index mini futures
Unit of trading

1

Delivery months

Initial lifetime: 1, 2 and 3 months Cycle: Every month

Quotation

Index points (e.g. 4,100.0)

Minimum price movement (tick size and value)

Central Order Book: 0.5 Index points (€0.50 per contract), Basis Trade & Large-in-Scale Facility: 0.1 Index points (€0.10 per contract)

Last trading day

Trading ceases at 16:00 CET on the third Friday of the delivery month. In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday

Exchange delivery Settlement Price (EDSP)

Price determined on the Last Trading Day. Euronext calculates the settlement index as the arithmetic mean of all index values calculated and disseminated between 15:40 and 16:00 CET, rounded to two decimal places. Such settlement index is taken, and rounded to one decimal place, to produce the closing settlement price

Last update
Tue, 29/03/2016
Trading Hours

Central Order Book: 08:00 - 22:00 CET
Large-in-Scale Facility: 07:00 – 22:00 CET
- Day session: 07:00 - 18:30: all trades will be cleared on the same day (T)
- Evening session: 18:30 - 22:00: all trades will be cleared on the following business day (T+1)

Trading platform

UTP

Algorithm

Central order book applies a price-time trading algorithm with priority given to the first order at the best price

Wholesale service

Basis Trading, Large-in-Scale Facility, AtomX.
See the “Euronext Wholesale Facilities” document for the minimum size thresholds

Clearing

LCH.Clearnet S.A.

Expiry months

1, 2, 3 monthly

Settlement

Cash Settlement based on the EDSP

Settlement day

First business day after the Last Trading Day

Contract Size

Contract valued at € 1 per index point (e.g. value € 4,100 at 4,100.0)

A client who does not wish his order to be executed in the evening session must stipulate this condition when placing the order with the intermediary
Please refer to Paris Notice No. 2012–11 issued on 26 July 2012 which provides details of the procedures to be followed when determining the closing settlement price in case of special market circumstances.

 

In the United States this product may only be offered and sold to prescribed entities under specified conditions