Oslo Listed 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.
Unit of trading 100
Pricing unit/quotation NOK per share
Minimum price movement (tick size and value) Central Order Book: NOK 0.01 per contract  Large-in-Scale Facility: 0.0001
Expiry months 1, 2, 3 monthly; 6, 9, 12 months quarterly (of the March, June, September, December cycle)

For EQN also: 18, 24 months half yearly (of the June, December cycle).
 
See the document "Expiry Months Listed Per Class" in "Related documentation" to find out which expiry months are listed per class.

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 Oslo
Last trading day Trading ceases at 16:20 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 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 LCH S.A. 
Trading hours Central Order Book: 09:01 – 16:20 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 24 February 2021
Related documentation
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Related documentation
Related documentation