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Wholesale trading
Introduction
Block trade facility
Prof trade facility
Introduction Summary Eligible contracts & minimum size thresholds Further information

The minimum size threshold levels listed below are set by the Exchange and may be changed from time to time.

The minimum size thresholds levels for all Exchange products with a Block Trading Facility are as follows:

Contracts Eligible for Transaction via the Block Trading Facility

All of the London equity index contracts are available for trading under the Block Trade Facility. Block Traded contracts become positions indistinguishable from positions created through the central markets (thus making Block Trades subject to the standard contractual and clearing structures of the market).

Stock Options

The London Market:
Last Revision Effective: 13 July 2011
There are four bands: 500, 1,000, 2,000 and 5,000 lots. Each contract is assigned to one of these bands depending on the liquidity of the underlying security (N.B. It is not intended that a change in the underlying security liquidity will automatically lead to a change in the threshold for a particular option contract).

Minimum size thresholds apply to each leg of a strategy trade.

CONTRACT (LIFFE TRS CODE)
MINIMUM THRESHOLD LEVEL (LOTS)

ABR, AHA, ARM, ATT, AWS, AZA, BGG, BLC, BRT, BSK, CCT, CWT, CNG, CPG, CTR, CUA, DIX, EMG, ESR, ETP, EUN, EXP, GL, GNS, ICA, IHG, III, IMP, INS, IPR, KGF, KZK, LDB, LOG, LNM, LS, LSE, M+S, MAB, MWR, NGG, NXT, OMT, PER, PET, POC, PRU, PSO, RAR, RB, RBS, REI, RR, RTO, RTZ, SAB, SAN, SCB, SGE, SHA, SHL, SHP, SNP, SSE, SVT, TAB, TAT, TLO, ULV, UUL, VRS, WHL, WPP, WSY, WTB, XST

500

500 each leg of strategy

 
AER, BBL, BLT, GME, GXO, HSB, LFI, LGE, RYL, TCO, TSB
1,000
1,000 each leg of strategy
 
BP, BTG
2,000
2,000 each leg of strategy
 
VOD
5,000
5,000 each leg of strategy

The Paris Market:
Last Revision Effective 20 June 2005.
For The Paris Market Individual Equity Options, the minimum volume threshold is 5,000 lots for options with a contract size of 10 shares and 500 lots for options with a contract size of 100 shares. The minimum volume thresholds apply to each leg of a strategy trade.

For further information, please email equities@liffe.com

Links to other Block Trade Facility Eligible Contracts & Thresholds
Date Title Description
- Bond Derivatives 
- STIRs 
- Index Derivatives 
- Universal Stock Futures & Single Stock Futures 
- Swapnote®