OBX-index® Futures
Exchange contract code OBF
Contract size Contract valued at NOK 100 per index point (e.g. value NOK 85,000 at 850.00)
Unit of trading 100
Pricing unit/quotation Index points (e.g. 850.00)
Minimum price movement (tick size and value) If the premium of an order at order entry is below or equal to 100, the tick size is NOK 0.10 (NOK 10 per contract); if the premium of an order at order entry is above 100, the tick size is NOK 0.25 (NOK 25 per contract).
Large-in-Scale Facility: 0.0001 index points (NOK 0.01 per contract)
Expiry months 1, 2, 3 monthly; 6, 9, 12 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 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 based on the EDSP
Settlement day First trading day after the Last Trading Day
Exchange Delivery Settlement Price (EDSP) Price is calculated as a volume-weighted average price of automatically matched trades for the index stocks quoted on Oslo Børs on the expiration date. The
calculation shall be corrected for cancelled trades.
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 07 December 2020
  In the United States these products may only be offered and sold to prescribed entities under specified conditions.
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