| FTSEurofirst 100 Index Future | |
| Exchange contract code | FEO |
| Contract size | Contract valued at € 10 per index point (e.g. value € 41,000 at 4,100.0) |
| Unit of trading | 10 |
| Pricing unit/quotation | Index points (e.g. 4,100.0) |
| Minimum price movement (tick size and value) | Central Order Book: 0.5 index point (€ 5 per contract) Large-in-Scale Facility : 0.0001 index points (€ 0.001 per contract) |
| Expiry months | 3, 6 and 9 months quarterly (of the March, June, September, December cycle) |
| Introduction of new expiry months | New expiry months are available for trading on the first business day after the expiry of a maturity. |
| Wholesale services | Large-in-Scale Facility. See the “LIS thresholds" document for the minimum size thresholds. |
| Euronext market | Paris |
| Last trading day | Trading ceases at 17:45 CET/CEST 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) | Closing price of the FTSEurofirst 100 index, calculated by FTSE Group on the Last Trading Day (rounded to one decimal place)[1]. |
| Clearing organization | Euronext Clearing |
| Trading hours | Central Order Book: 08:00 – 20:00 CET/CEST Large-in-Scale Facility: 07:30 - 20:00 CET/CEST Trades of both Day session [07:15 - 18:30] and Evening session [18:30 - 22:00] are cleared on the same day of trade execution (T) |
| 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 | 16 September 2024 |
[1] Please refer to Paris Notice No. 2011–24 issued on 9 September 2011 which provides details of the procedures to be followed when determining the closing settlement price in case of special market circumstances. [2] 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. | |
| In the United States these products may only be offered and sold to prescribed entities under specified conditions. |