Commodity Options - Rapeseed Futures
| OPTIONS ON RAPESEED FUTURES | |
| Contract code | OCO |
| Unit of trading | One Rapeseed futures contract |
| Pricing unit/quotation (= PRICE BASIS) | Euro and euro cents per tonne |
| Option style | Rapeseed options are ‘American’ style - i.e. may be exercised at any time prior to expiry. |
| Exercice Price increments | €2.5 per tonne |
| Minimum price movement (tick size and value) | 10 euro cents per tonne (€5) |
| Expiry months | February, May, August, November such that ten expiry months are available for trading, subject to the option expiring before the underlying future. |
| Introduction of new expiry months | First trading day following the last trading day. |
| Wholesale services | Exchange of Options for Options, Large-in-Scale |
| Euronext market | Paris |
| Expiry day | 18:30 CET on the fifteenth calendar day of the month immediately preceding the expiry month (if not a business day then the preceding business day). |
| Contract Standard | Assignment of one Rapeseed futures contract for the expiry month at the exercise price. |
| Clearing organization | Euronext Clearing |
| Trading hours | 10:46 – 18:30 CET (UTC+1) |
| 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 | 23 JUL 2024 |
| Related documentation | |
| Related documentation | |
| Related documentation |
Laden.... Wacht alsjeblieft even.