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Product information
Contract specifications
Codes
Margin requirements
SPAN®
 

 USFs cash settled (continental European)
Contract size One future normally represents 100 shares, except for Italian futures where one future normally represents 1,000 shares1
Delivery months Nearest two of March, June, September, December, plus nearest two serial months such that the nearest three calendar months are always available for trading
Quotation Euros per share, Sweden SEK per share, Switzerland CHF per share
Minimum price movement
(tick size and value)		 €0.001/€0.1, Italy €0.001/€1.00, Sweden SEK 0.001/SEK 0.1, Switzerland CHF 0.01 / CHF 1
Last trading day Third Friday of the delivery month
Italy: Business day immediately preceding the third Friday of the delivery month2
Delivery day First business day following the Last Trading Day
Italy: Two business days following the Last Trading Day
Trading hours 08.00 – 17.30 London time, Last Trading Day 08.00 – 16.30 London time
Italy: 08.00 – 17.30 London time, Last Trading Day 08.00 – 17.30 London time
Related documentation
Universal Stock Futures Contract (Cash Settled)
List of contract details in respect of Virt-X shares (30/01/09)
List of contract details in respect of Stockholmsborsen shares (30/01/09)
List of contract details in respect of Euronext Paris shares (30/01/09)
List of contract details in respect of Euronext Brussels shares (30/01/09)
List of contract details in respect of Euronext Amsterdam shares (30/01/09)
List of contract details in respect of Deutsche Borse shares (03/02/09)
List of contract details in respect of Borsa Italiana shares (29/01/09)
List of contract details in respect of Bolsa de Madrid shares (30/01/09)
Last update 17/07/07

Liffe Market: London

Trading Platform:

  • LIFFE CONNECT®
  • Algorithm: Central order book applies a price-time trading algorithm with priority given to the first order at the best price
  • Wholesale Services: Asset Allocation, Block Trading, Basis Trading

Exchange Delivery Settlement Price (EDSP):

France: Official closing price on Euronext Paris
Germany: Official closing price on Deutsche Börse
Italy: Opening auction price on Borsa Italiana on third Friday of the Delivery month
Netherlands: Official closing price on Euronext Amsterdam
Spain: Official closing price on Bolsa de Madrid
Sweden: Official closing price on Stockholmsborsen
Switzerland: Official closing price on virt-x

Contract Standard: Cash settlement based on the EDSP

Clearing: LCH.Clearnet Ltd.

This product may not be offered and sold to US persons

1 - Due to corporate action contract adjustments some USF contracts may have a non-standard contract size.

2 - In the event that this day is not a business day, then the Last Trading Day shall normally be the preceding full business day