[4MW] EUREX: FESB EURO STOXX® Banks Futures CFD Live
EURO STOXX® Banks Futures (EUREX: FESB) Contract Specifications
Product ID: FESB
EURO STOXX® Sector Underlying: Banks Index
Contract Value: EUR 50
Minimum Price Change: 0.05 point = EUR 2.50
Settlement: Cash settlement, payable on the first exchange day following the Final Settlement Day.
Contract Months: Standard - up to 9 months: The three nearest quarterly months of the March, June, September and December cycle.
Last Trading Day and Final Settlement Day:
(1) Last Trading Day is the Final Settlement Day.
(2) Final Settlement Day is the third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day.
(3) Close of trading in the maturing futures on the Last Trading Day is at 12:00 CET.
Daily Settlement Price:
(1) The Daily Settlement Prices for the current maturity month are derived from the volume-weighted average of the prices of all transactions during the minute before 17:30 CET, provided that more than five trades transacted within this period.
(2) For the remaining maturity months, the Daily Settlement Price for a contract is determined based on the average bid/ask spread of the combination order book.
Final Settlement Price: The Final Settlement Price is established by Eurex on the Final Settlement Day of the contract and is based on the average of the respective STOXX® Index values calculated between 11:50 and 12:00 CET.
Block Trades: Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 250 contracts.
Trading Hours:
Frankfurt(CET) : 08:00 - 22:00
Singapore : 14:00 - 04:00