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.