|One future normally equals rights over 100 underlying shares. For Stock Futures on Italian shares and UK shares this is 1,000 underlying shares.
|Unit of trading
|100 at contract initiation (Italian and UK Stock Futures 1,000) 
|EUR/CHF/GBX/NOK/SEK/DKK per share
|Minimum price movement (tick size and value)
|Central Order Book & Large-in-Scale Facility: EUR/CHF/NOK/SEK/DKK 0.0001 (EUR/CHF/NOK/SEK/DKK 0.01 per contract, for Italian SSFs EUR 0.10 per contract) GBX 0.01 (GBX 10 per contract)
|1, 2, 3 monthly and 6, 9, 12 months quarterly (of the March, June, September, December cycle); additional monthly maturities up to 12 or 13 months available for certain names.
|Introduction of new expiry months
|New expiry months are available for trading on the first business day after the expiry of a maturity.
See the “LIS Thresholds” document for the minimum size thresholds.
|Last trading day
|Trading ceases at 17:40 CET on the third Friday of the delivery month. In the event that the third Friday is not a business day in the local cash market, the Last Trading Day shall normally be the last business day preceding the third Friday.
For Italian Stock Futures trading ceases at 17:40 CET on the business day before the third Friday of the delivery month. In the event that this Thursday is not a business day, the Last Trading Day shall normally be the last business day preceding this Thursday.
|Cash settlement or physical settlement of underlying stock on the EDSP.
|The premium settlement date is the first trading day after the trading date, provided that premium settlement is specified in the contract document. In case of physical settlement: the stock
settlement date is two trading days after the exercise day.
|Exchange Delivery Settlement Price (EDSP)
|The cash market closing price of the underlying stock on the Last Trading Day.
|Central Order Book: 09:01 – 17:40 CET
Large-in-Scale Facility: 07:15 - 18:30 CET
|Central order book applies a price-time trading algorithm with priority given to the first order at the best price.
|27 May 2021
| Apart from exceptions or temporary adjustments for corporate actions. See the document "Unusual Contract sizes" in "Related documentation" to find an overview of non-standard contract size classes.
|This product may not be offered and sold to US persons.