| Stock Futures | |
| Contract size | One future normally equals rights over 100 underlying shares. For Stock Futures on Italian shares and UK shares this is 1,000 underlying shares.[1] |
| Unit of trading | 100 at contract initiation (Italian and UK Stock Futures 1,000) [1] |
| Pricing unit/quotation | EUR/CHF/GBX/NOK/SEK/DKK per share |
| Minimum price movement (tick size and value) | Central Order Book & Large-in-Scale Facility: EUR/CHF/NOK/SEK/DKK 0.0001 (EUR/CHF/NOK/SEK/DKK 0.01 per contract, for Italian SSFs EUR 0.10 per contract) GBX 0.01 (GBX 10 per contract) |
| Expiry months | 1, 2, 3 monthly and 6, 9, 12 months quarterly (of the March, June, September, December cycle); additional monthly maturities up to 12 or 13 months available for certain names. |
| 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 | Amsterdam |
| Last trading day | Trading ceases at 17:40 CET on the third Friday of the delivery month. In the event that the third Friday is not a business day in the local cash market, the Last Trading Day shall normally be the last business day preceding the third Friday. For Italian Stock Futures trading ceases at 17:40 CET on the business day before the third Friday of the delivery month. In the event that this Thursday is not a business day, the Last Trading Day shall normally be the last business day preceding this Thursday. |
| Settlement | Cash settlement or physical settlement of underlying stock on the EDSP. |
| Settlement day | The premium settlement date is the first trading day after the trading date, provided that premium settlement is specified in the contract document. In case of physical settlement: the stock settlement date is two trading days after the exercise day. |
| Exchange Delivery Settlement Price (EDSP) | The cash market closing price of the underlying stock on the Last Trading Day. |
| Clearing organization | Euronext Clearing |
| Trading hours | Central Order Book: 09:01 – 17:40 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] Apart from exceptions or temporary adjustments for corporate actions. See the document "Unusual Contract sizes" in "Related documentation" to find an overview of non-standard contract size classes. | |
| This product may not be offered and sold to US persons. |