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Unit of trading |
Contract valued at €10 per index point (e.g. value €30,115 at 3011.5) |
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Expiry months |
Nearest three of March, June, September, December1 |
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Quotation |
Index points eg 3,011.5 |
Minimum price movement
(tick size and value) |
0.5 / €5 |
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Last trading day |
17h45 Paris time on the third Friday of the expiry month. In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday. |
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Delivery day |
First business day after the Last Trading Day |
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Trading hours |
08.00 - 18.15 Paris time
18.15 - 20.002 Paris time
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Related documentation |
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FTSE EPRA/NAREIT Euro Zone Index Future |
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Last update |
01/10/07 |
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Trading platform:
- LIFFE CONNECT® Trading Host for Futures and Options
- Algorithm: Central order book applies a price-time trading algorithm with priority give to the first order at the best price.
- Wholesale Services: Basis Trading, cross trades and block trades
The Exchange Delivery Settlement Price (EDSP): The closing price of the FTSE EPRA/NAREIT Euro Zone Index calculated by FTSE Group on the third Friday of the expiry month (rounded to one decimal).
Contract Standard: There is no physical delivery; expiry gives rise to cash payment of the final margin call. Settlement takes place on the first trading day after the expiry date.
Clearing: LCH.Clearnet S.A.
1 New expiry months are opened on the first trading day after a maturity expires.
2 A client who does not wish his order to be executed in the evening session must expressly stipulate this condition when placing the order with the intermediary. |
