Commodities - Commodity Derivatives - MATIF

Euronext Commodity Price Risk Management Tools.

Manage agricultural price volatility in a transparent and secure environment with Euronext Commodity derivatives.

Extended trading hours from February 2026

Commodities snapshot

Caricamento in corso... Attendere.
New commodities contracts
Euronext Commodities - Spread Contracts

Commodity Spread Contracts

Manage price risk in the global wheat market with the Euronext Spread Contracts, a complementary set of efficient hedging tools. Execute a spread strategy in a single trade, rather than planning two parallel and opposite trades for each position

Euronext Commodities - Dairy Futures

Dairy Futures

In 2026, Euronext will introduce European Dairy Futures, cash-settled to the BMR Vesper Price Index (VPI-B) administered by Compass. 

Listed on the Euronext Paris Commodity Derivatives market (MATIF), Euronext Dairy Futures will be based on European butter (82%) and skimmed milk power (food grade).  

Commodities Reporting General

Weekly position report
In caricamento...
Euronext Commodity broker list

Access the list of brokers connected to the Euronext MATIF markets, including the Request-for-Cross participants for the options market.

Derivatives Tradable from U.S.

Key commodity contracts directly accessible to U.S. clients.

Commodity services

Euronext Inventory Management

Transferable electronic certificates & warrants system for commodities.

Benefit from a secure, digitised system providing full transferable, pledgeable title of commodity ownership for both the delivery of Euronext-listed commodities contracts, and for financing purposes.

Commitments of Traders report

Euronext publishes the CoT reports every Wednesday afternoon reflecting positions held on previous Friday at close of trading and submitted to the competent authorities.

  • Weekly CoT reports.
  • Aggregated positions per contract and category.

Wholesale trading

Off-order book on-exchange trading for Euronext commodity contracts: Against Actuals, Large-in-Scale, Exchange for Swaps and Exchange of Options for Options

Extended trading hours for Euronext Commodities Futures contracts

Euronext Commodities is introducing extended trading hours for its flagship futures contracts on Monday 2 February 2026.

From Monday 2 February 2026, there will be an additional trading session for specific commodity futures contracts from 18:30 to 20:30 CET on standard business days. 

The DSP is based on the main trading session and its calculation will remain unchanged. The timing will continue to be as follows: 

  • 07:30 – 10:45 CET: pre-opening
  • 10:45–18:30 CET: continuous trading
  • 18:30 CET: DSP.

Extended trading hours from 18:30 to 20:30 CET will apply only to Euronext’s flagship commodity futures contracts: Milling Wheat (EBM) futures, Rapeseed (ECO) futures, and Corn (EMA) futures. TAS future contracts linked to the standard EBM, ECO and EMA contracts are excluded from the late trading session and will close at 18:30 CET. 

All the expiries of the abovementioned futures contracts (EBM, ECO and EMA) will be available for trading during the extended trading hours. 

However, extended trading hours will not be available during the last three days of the front expiry (D-2, D-1 and D, where D is the expiry day), so that the physical delivery process and obligations remain unchanged.

Trades executed during the extended trading hours are booked to the same trading day. They are included in the same day’s volume and open interest. 

Trades executed during the extended trading hours are marked to market against the daily settlement price calculated at 18:30 for that day, and are charged in the same way as for the trades executed during the main trading session.

All types of trade are available during the extended trading hours: trades executed in the Central Order Book, Large-in-Scale trades, also known as blocks, Against Actuals and Exchange of Futures for Physical (EFP) trades. 

Reminder: What will not change (and why)

  • The daily settlement price (DSP) remains fixed at 18:30 CET for all the commodity contracts including Milling Wheat, Corn and Rapeseed futures. This ensures that market participants’ current processes are not disrupted and historical comparability is maintained.
  • Trading hours and expiry procedures for options on Milling Wheat (OBM), Rapeseed (OCO) and Corn (OMA) remain unchanged: 10:46–18:30 CET.
  • The physical delivery procedure remains unchanged. Trading for Milling Wheat, Rapeseed and Corn futures contracts will stop at 18:30 CET during the final three trading days before expiry (D-2, D-1, D) for the front expiry only. This avoids disrupting the physical delivery process and the convergence between futures prices and spot prices in the last days of a given expiry.
  • No change to anything else regarding clearing.

Reasons for the change

The introduction of extended trading hours aims to bring the following benefits: 

  • Offer more flexibility to market participants looking to manage price risk in a more efficient way, and allow them to react in an orderly manner to news and events taking place after the main trading session close at 18:30 CET. For example: results of international grain tenders, USDA WASDE and Crop Production reports; 
  • Provide market participants from all over the world with access to the main benchmarks in the grain market, the Euronext MATIF Milling Wheat, Rapeseed and Corn futures contracts, giving them the ability to trade these benchmarks when other grain benchmarks on CME Group are available for trading, which is during the evening for Europe.
  • Enhance the European benchmark for wheat, rapeseed and corn to meet client needs by offering a longer, more flexible trading window while preserving the existing contract design, margining and settlement framework.

Contacts

For more information about the introduction of extended trading hours for Euronext Commodity futures, please contact your sales representative or the Euronext Commodity Team at: commodities@euronext.com
 

Download extended trading hours from February 2026

Nord Pool

The leading European power market

Nord Pool is Europe's leading power market offering trading, clearing, settlement and associated services in both day-ahead and intraday markets across 16 European countries.

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To trade Euronext commodities, contact your broker today or email commodities@euronext.com