- Based on the Euronext Eurozone Banks Index which shows the performance of the largest companies of the banking sector in the Eurozone (Bloomberg code: EZBANK)
- Fair cost structure taking into consideration the nominal value of the index
- High accessibility thanks to a low minimum size to facilitate off-screen transactions
- Higher nominal value to enable further economies at the clearing level
- On-screen liquidity provided by market makers committed to the development of a cost-efficient solution to trade the banking sector
- Off-screen liquidity offered by all the existing main counterparties
- Benefits of central clearing, including margin efficiencies with other Euronext benchmarks
Access the banking sector at a fair price
Market makers of the Future contract
Image
Image
Image
Image
Image
Market makers of the Option contract
Image
Image
Image
Euronext Eurozone Banks Index Derivatives vs competition
- ~75% cheaper
- Higher nominal value (x5 bigger)
- Calibrated tick size
- Smaller block size (future: 3 lots, approx. €75k; option: 10 lots, approx.€250k)
Publications about Euronext Banks Index Future
FOW - Global Investor Group (May 2021)
Euronext to offer cheaper access to banking sector through derivatives
Next Finance - interview in French (June 2021)
« Nous allons continuer notre développement avec d’autres produits dérivés sur l’indice Euronext Eurozone Banks »
Best Execution - Summer edition (July 2021)
Charlotte Alliot, Head of Institutional Derivatives at Euronext spoke to Best Execution about trading the Eurozone banking sector using derivatives.