| Euronext Eurozone ESG Large 80 Index Mini Options | |
| Exchange contract code | MSO |
| Contract size | Contract valued at €1 per index point (e.g. value €1,800 at 1,800) |
| Unit of trading | 1 |
| Pricing unit/quotation | Euros per index point |
| Minimum price movement (tick size and value) | Central Order Book: 0.5 Index Point (€0.5 per contract) Large-in-Scale Facility: 0.1 (€0.1 per contract) |
| Option style | European style Holders of long positions are only entitled to exercise their options on the expiration date. |
| Expiry months | 1, 2, 3 monthly |
| Introduction of new exercise prices and exercise price intervals | See the document "Series Introduction Policy CAC 40 Index Options" in "Related documentation" to find the series introduction policy. |
| Introduction of new expiry months | A new expiry week is available for trading on the Friday two weeks before its expiry date |
| 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 16:00 CET on the last trading day of the specific weekly option class. In the event that this Friday is not a business day, the Last Trading Day shall normally be the last business day preceding this Friday. |
| Exercise | Exercise until 19:15 CET on Last Trading Day only[1] |
| 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 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[2] |
| Option premium | Payable in full by the buyer on the business day following a transaction. |
| Clearing organization | Euronext Clearing |
| Trading hours | Central Order Book: 09:01 – 17:30 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 | 9 SEP 2024 |
[1] On the Last Trading Day, in-the-money options are automatically exercised, unless contrary instructions are received from the client/member. Please check the exact exercise rules with your broker.
[2] 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.