AEX-INDEX (AFTI)
The contract is traded on the future market of Euronext Liffe.
Summary Contract Specifications
- Unit of trading : 200
- Contract size : EUR 200 x the level of the AEX-index
- Delivery months : 1,2,3 monthly; 3,6,9,12 quarterly (March, June, September, December)
- Quotation : In points (each full point = EUR 200 per contract)
- Minimum price movement : 0,05 points (= EUR 10 per contract) (tick size and value)
Trading example
- The AEX-index at 327.
- The value of the future contract on the AEX-index is 327 x 200 € = 65.400 €.
- Buy at 327,00 and sell at 327,50.
- The minimum price movement of 'tick' is 0,05 points.
- The tickvalue or 0,05 points is 10 €
The value of 0,50 points = 10 ticks x 10 € = 100 €
When the AEX goes from 327 € to 327,5 € a profit on the AEX-index of 100 € is realized.
