Caricamento in corso... Attendere.
Index Futures - CAC 40
| CAC 40® Index Future | |
| Exchange contract code | FCE |
| Contract size | Contract valued at € 10 per index point (e.g. value € 41,000 at 4,100.0) |
| Unit of trading | 10 |
| Pricing unit/quotation | Index points (e.g. 4,100.0) |
| Minimum price movement (tick size and value) | Central Order Book: 0.5 index point (€ 5 per contract) Large-in-Scale Facility: 0.0001 index point (€ 0.001 per contract) |
| Expiry months | 1, 2, 3 monthly; 6, 9, 12 months quarterly (of the March, June, September, December cycle) and 18, 24, 30, 36, 42, 48, 54, 60 months half yearly (of the June, 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 for the minimum size thresholds. |
| Euronext market | Paris |
| Last trading day | Trading ceases at 16:00 CET/CEST 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 15:40 and 16:00 CET/CEST, rounded to two decimal places. Such settlement index is taken, and rounded to one decimal place, to produce the closing settlement price[1]. |
| Clearing organization | Euronext Clearing |
| Trading hours | Central Order Book: 08:00 – 22:00 CET/CEST Large-in-Scale Facility: 07:30 – 22:00 CET/CEST Trades of both Day session [07:15 - 18:30] and Evening session [18:30 - 22:00] are cleared on the same day of trade execution (T) |
| 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 | 25 November 2019 |
[1] 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. [2] A client who does not wish his order to be executed in the evening session must stipulate this condition when placing the order with the intermediary. | |
| In the United States these products may only be offered and sold to prescribed entities under specified conditions. |