FTSEurofirst 80 Index Future
Exchange contract code FEF
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 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 80 index, calculated by FTSE Group on the Last Trading Day (rounded to one decimal place)[1].
Clearing organization LCH S.A. 
Trading hours Central Order Book: 08:00 – 20:00 CET
Large-in-Scale Facility: 07:15 - 20:00 CET
- Day session: 07:15 - 18:30: all trades will be cleared on the same day (T)
- Evening session: 18:30 - 20:00[2]: all trades will be cleared on the following business day (T+1)
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 21 April 2020
[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.