Wholesale trading

Basis Trading is available for the following Equity Derivative products:

  • Index Futures (excluding Bel 20 and AEX, Light AEX)
  • All USFs and SSFs (excluding Bclear)

The Basis Trading Facility (BTF) introduced in 1995 was the first of its kind in Europe. It permits market users to enter into a conditional transaction involving both a futures contract and a corresponding cash instrument.

To offer greater flexibility to the wholesale market, and in response to continued market demand, this facility has been extended over-time to our bond and swap futures, equity index futures and, short term interest rate (STIR) futures contracts. A wide range of cash and OTC instruments are now eligible to form the cash leg of a Basis Trade involving futures contracts.