CAC40 index future - Financial definition
Concise definition of the term CAC40 index future
Futures contract on the French benchmark stock market index, CAC40. CAC40 index futures are listed on NYSE Euronext Paris.
Comprehensive definition of the term CAC40 index future
Underlying of the FCE contract
The underlying of this contract is the French CAC 40 stock market index, which is composed of the 40 most representative values of different industry sectors listed on NYSE Euronext Paris.
Contract specifications
| Market code | FCE1 |
| Reuters code | FCE1 |
| Bloomberg ticker | FC |
| ISIN Code | FR0003500008 |
| Currency | EUR |
| Market | NYSE Euronext Paris |
| Trading hours | 08.00 - 18.30 Paris time (day session) 18.30 - 22.00 Paris time (evening session) |
| Quotation | Index points with one decimal (example: 3654.5) |
| Contract value | 10 EUR per index point (e.g. value EUR36,545 at 3654.5) |
| Tick size | 0.5 index points |
| Tick value | 5 EUR |
| Delivery months | 3 monthly, 3 quarterly (from March, June, September, December), 8 half-yearly maturities from the June/December cycle |
| Last trading day | Third Friday in delivery month until 16.00 Paris time. 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. |
1These codes are completed with two characters representing the given contract's delivery month: a letter to designate the month (H = March, M = June, U = September, Z = December), and one digit to designate the year (for example 3 for 2013). The September 2013 CAC40 index future contract would hence have the Reuters code FCEU3.