Euronext Eurozone Banks Index Future
Exchange contract code EBF
Contract size Contract valued at €50 per index point (e.g. value €15,000 at 300)
Unit of trading 50
Pricing unit/quotation Index points (e.g. 300)
Minimum price movement (tick size and value) Central Order Book: 0.25 index point (€12.5 per contract)
Large-in-Scale Facility: 0.01 index point (€0.5 per contract)
Expiry months Three quarterly maturities: 3, 6 and 9 months quarterly of the March, June, September, December cycle
Introduction of new expiry months New delivery months are available for trading on the first business day after the expiry of a maturity
Wholesale services  Large-in-Scale Facility.
See the “Euronext Wholesale Facilities” document for the minimum size thresholds.
Euronext market Paris
Last trading day Trading ceases at 12:00 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.
Settlement Cash Settlement based on the EDSP
Settlement day First business day after the Last Trading Day
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 11:50 and 12:00 CET, rounded to two decimal places (0.01). This settlement index is used to produce the closing settlement price.
Clearing organization LCH S.A.
Trading hours Central Order Book: 08:00 - 18:00 CET
Large-in-Scale Facility: 07:15 – 18:30 CET
Trading platform Optiq
Algorithm Central order book applies a price-time trading algorithm with priority given to the first order at the best price.
Last update 04 May 2021
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