| Euronext Eurozone Banks Index Future | |
| Exchange contract code | EBF |
| Contract size | Contract valued at €50 per index point (e.g. value €15,000 at 300) |
| Unit of trading | 50 |
| Pricing unit/quotation | Index points (e.g. 300) |
| Minimum price movement (tick size and value) | Central Order Book: 0.25 index point (€12.5 per contract) Large-in-Scale Facility: 0.01 index point (€0.5 per contract) |
| Expiry months | Three quarterly maturities: 3, 6 and 9 months quarterly of the March, June, September, December cycle |
| Introduction of new expiry months | New delivery months are available for trading on the first business day after the expiry of a maturity |
| Wholesale services | Large-in-Scale Facility. See the “Euronext Wholesale Facilities” document for the minimum size thresholds. |
| Euronext market | Paris |
| Last trading day | Trading ceases at 12:00 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) | Price determined on the Last Trading Day. Euronext calculates the settlement index as the arithmetic mean of all index values calculated and disseminated between 11:50 and 12:00 CET, rounded to two decimal places (0.01). This settlement index is used to produce the closing settlement price. |
| Clearing organization | Euronext Clearing |
| Trading hours | Central Order Book: 08:00 - 18:00 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 |