EURO / US DOLLAR FUTURES

Euro / US Dollar Futures

Euro / US Dollar Futures (FED)
Unit of trading

200

Quotation

US dollars per € 100

Minimum price movement (tick size and value)

Central Order Book and Large-in-Scale Facility: $ 0.01 ($2 per contract)

Last trading day

Trading ceases at 14:00 CET on the third Friday of the expiry 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 based on the EUR/USD rate set by BFIX: Bloomberg FX Fixings at 14:00 CET and rounded to four decimal places.

Last update
Fri, 26/05/2017
Trading Hours

Central Order Book 09:00 – 17:30 CET
Large in Scale Facility: 07:00 – 18:30 CET

Legal Delivery/Expiry Month

Dec 2004 Onwards

Trading platform

UTP

Full contract specification and related documents
Algorithm

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

Wholesale service

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

Clearing

LCH S.A.

Expiry months

1, 2, 3 monthly and 6, 9, 12 months quarterly (of the March, June, September, December cycle)

Settlement

Cash Settlement based on the EDSP

Settlement day

First business day after the Last Trading Day

Contract Size

€ 20,000

In the United States these products may only be offered and sold to prescribed entities under specified conditions.