CAC40 INDEX WEEKLY FUTURE (1FC 2FC 4FC 5FC)

CAC 40® Index Weekly Future

CAC 40® Index Weekly Future
Unit of trading

10

Delivery units

New delivery months are available for trading on the first business day after the expiry of a maturity

Quotation

Index points (e.g. 4,100.0)

Minimum price movement (tick size and value)

Central Order Book 0.5 index points (€5 per contract), Basis Trade & Large-in-Scale Facility: 0.1 index points (€1 per contract)

Last trading day

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

Laatste update
vri, 02/02/2018
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

Clearingmarkt

LCH.Clearnet S.A.

Expiry months

There are four weekly futures contracts. Each weekly future expires on a specific Friday of a month; the Friday of the month is indicated by the number in the trading symbol. In general the weekly futures have an initial lifetime of at least four weeks. The weekly future for the new month is introduced on the Monday after the expiry of the current month. In case there is a fifth Friday in the coming month, the weekly future for the fifth Friday is introduced on the same day as the weekly future for the fourth Friday. If the specific Friday is not a normal business day, the expiry day will be the last business day preceding this Friday.

Settlement

Cash Settlement based on the EDSP

Contract Size

Contract valued at € 10 per index point (e.g. value € 41,000 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.

 

This product may not be offered and sold to US persons