CAC40 (FCE)
The contract is traded on Euronext Liffe.
Summary Contract Specifications
- Unit of trading : 10
- Contract size : EUR 10 x the level of the CAC-index
- Delivery months : 1,2,3 monthly; 3,6,9,12 quaterly (March, June, September, December)
- Quotation : In points (each full point = EUR 10 per contract)
- Minimum price movement : 0,5 points (= EUR 5 per contract)(tick size and value)
Trading example
- The CAC-index on 28 april 2010 at 3.819.
- The value of the CAC-index future is 3.819 x 10 € = 38.190 €.
- Buy at 3.819,00 and sell at 3.830.
- The minimum price movement or 'tick' is 0,5 points.
- The tickvalue or 0,5 points is 5 €
When the CAC-index goes from 3.819 to 3.830 a profit or 11 point x 10 € = 110 € is realized.
