AEX INDEX MINI FUTURE

AEX-index mini futures

AEX-index mini futures
Unit of trading

20

Delivery months

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

Quotation

Index points (e.g. 390.00)

Minimum price movement (tick size and value)

Central Order Book: 0.05 Index points (€1 per contract)
Basis Trade & Large-in-Scale Facility: 0.01 index points (€0.20 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 as the average of the AEX-index values calculated and disseminated at one minute intervals between, and including, 15:30 and 16:00 CET. The EDSP value is rounded to two decimal places

Last update
Mon, 01/02/2016
Trading Hours

Central Order Book: 08:00 - 22:00 CET
Large-in-Scale Facility: 07:00 – 22:00 CET
- Day session: 08:00 - 18:30: all trades will be cleared on the same day (T)
- Evening session: 18:30 - 22:001: 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 Trade, 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 € 20 per index point (e.g. value € 7,800 at 390.00)

U.S. Regulatory Position
U.S. regulatory approval has now been granted and the Contract is therefore available for offer and sale to U.S. persons and for trading on UTP directly from the United States, under the terms of Euronext Amsterdam’s existing Foreign Trading System No-Action Letter, with immediate effect.