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EZ50F Product Specification
Cboe Eurozone 50 Index Futures
- Contract Name
- Cboe Eurozone 50 Index Futures (EZ50F)
- Listing Date
- 6 September, 2021
- Underlying
- The Cboe Eurozone 50 index (Symbol: BEZ50P) aims to represent the performance of the largest 50 European issuers ranked by their full Euro denominated market capitalisation whose primary listing is in Euro. This is a price return index.
- Contract Multiplier
- €100 (e.g. value €36,000 for an index level of 360.00)
- Symbol(S)
- EZ50F
- Contract Expirations
- The Exchange will list for trading the following expiration months: 3 nearest quarterly (March, June, September and December)
- Trading Hours
- Monday – Friday
07:30 – 18:00
All times referenced are London time.
- Trading Platform
- CEDX
- Minimum Price Intervals
- 0.01 index points (€1)
- Block Trades
-
The minimum Block Trade quantity for Cboe Eurozone 50 Index Futures is 200 contracts. For calendar spreads each leg is required to have a minimum quantity of 200 contracts.
The minimum price increment for a Block Trade in Cboe Eurozone 50 Futures is 0.01 index points (€1).
- Daily Settlement Price
- Index Futures Daily Settlement Prices will be calculated using the volume weighted average prices for the index futures product concerned taken over a two minute period that starts at 16:28:00 London time.
- Termination Of Trading
- Trading hours for Cboe Eurozone 50 Index Futures end at 10:50 London time on the final settlement date.
- Final Settlement Date
- The final settlement date for a Cboe Eurozone 50 Index Future contract is the third Friday of the calendar month in which the contract expires.
If that Friday that is a Cboe trading holiday, the final settlement date for the contract shall be on the business day immediately preceding that Friday.
- Final Settlement Value
- The final settlement value calculation for Cboe Eurozone 50 Index Futures uses a 10 minute average of the index levels (only every 30th print is considered) during the timing window below on the settlement date:
Start: 10:40 London time
End: 10:50 London time
- Delivery
- Settlement of Cboe Eurozone 50 Index Future contracts will result in the delivery of a cash settlement amount based on the final settlement value.