OPTIONS ON RAPESEED FUTURES

Options on Rapeseed Futures Contract

Options on Rapeseed Futures Contract
Unit of trading

One Rapeseed futures contract

Delivery months

February, May, August, November such that ten expiry months are available for trading, subject to the option expiring before the underlying future

Minimum price movement (tick size and value)

10 euro cents per tonne (€5)

Última actualização
Tue, 06/06/2017
Trading Hours

10:45 – 18:30 Paris time

Trading platform

Universal 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

None apply

Compensação

LCH SA.

Option style

Rapeseed options are ‘American’ style - i.e. may be exercised at any time prior to expiry

Price basis

Euro and Euro cents per metric tonne

Euronext Market: Paris

Contract Standard: Assignment of one Rapeseed futures contract for the expiry month at the exercise price

Exercise Price Increments: €2.50 per tonne


All times are Paris times