[31] Italian Bourse: FIB FTSE MIB Index Futures
FTSE MIB index mini-Futures (MINI) : Underlying: FTSE MIB index. Quotation: Index points. Tick size (in index points): On-book trading: 5 and Orders to execute Negotiated Transactions: 1. Multiplier (value of 1 index point): € 1. Contract size: Future price x Multiplier. Settlement: Cash settled. Trading hours: Opening auction: 7.45 - 8.00 (8.00.00 - 8.00.59) CET / Continuous trading: 8.00 - 22.00 CET. Expiry day: The third Friday of the expiry month at 9.05 CET. If the Exchange is closed that day, the contract expires on the first trading day preceding that day. Last trading day: Expiry day, until 9.05 CET. Daily settlement price: Defined by Cassa di Compensazione e Garanzia (CC&G) according to the quantity-weighted average of the last 5% of contracts traded before 17.38 CET. Settlement day: The first open CC&G calendar day following the expiry day. Contract months: The 2 nearest quarterly months of the Mar/Jun/Sep/Dec cycle.
FTSE MIB index Futures (FIB) : Underlying: FTSE MIB index. Quotation: Index points. Tick size (in index points): On-book trading: 5 and Orders to execute Negotiated Transactions: 1. Multiplier (value of 1 index point): € 5. Contract size: Future price x Multiplier. Settlement: Cash settled. Trading hours: Opening auction: 7.45 - 8.00 (8.00.00 - 8.00.59) CET / Continuous trading: 8.00 - 22.00 CET. Expiry day: The third Friday of the expiry month at 9.05 CET. If the Exchange is closed that day, the contract expires on the first trading day preceding that day. Last trading day: Expiry day, until 9.05 CET. Daily settlement price: Defined by CC&G according to the quantity-weighted average of the last 5% of contracts traded before 17.38 CET. Settlement day: The first open CC&G calendar day following the expiry day. Contract months: The 4 nearest quarterly months of the Mar/Jun/Sep/Dec cycle.
FTSE MIB Index (Milano Indice di Borsa) : The benchmark stock market index for the Borsa Italiana, the Italian national stock exchange. The index consists of the 40 most-traded stock classes on the exchange. The index was administered by FTSE Group, which is 100% owned by the Borsa Italiana's parent company London Stock Exchange Group. Italian Bourse is based in Milan and is Italy's only stock exchange.