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CAC40 INDEX FUTURE
 


Codes and classification
Mnemo FCE Market NYSE Liffe Paris Vol. 263,941 19/11/09
    Currency € O.I. 667,452
Underlying CAC 40 ISIN FR0003500008 Market Euronext Paris
Currency € Last 3,760.22  19/11/09 18:11 Last change % -1.77
 CAC 40® Index Futures
Unit of trading Contract Valued at €10 per index point (e.g. value €36,000 at 3600.0)
Delivery months 3 monthly, 3 quarterly (from March, June, September, December), 8 half-yearly maturities from the June/December cycle1
Quotation Index points eg 3600.0
Minimum price movement
(tick size and value)		 0.5 / €5
Last trading day 16.00 Paris time. Third Friday in delivery 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
Delivery day First business day after the Last Trading Day
Trading hours 08.00 - 18.15 Paris time
18.15 - 22.003 Paris time
Related documentation
CAC 40 Index Futures Contract
Last update 19/06/09

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

Exchange Delivery Settlement Price (EDSP): The closing settlement price is calculated on the last business day as the arithmetic mean (rounded to one decimal) of the CAC 40 index values calculated and disseminated between 3.40 and 4.00pm (Paris time).

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.

In the United States these products may only be offered and sold to prescribed entities under specified conditions.

1 New expiry months are opened on the first trading day after a maturity expires.

2 From December 2008 expiry onwards, eight half-yearly maturities from the June/December cycle.

3 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.