FTSE MIB Dividend index futures (FDIV)
Underlying |
FTSE MIB Dividend index |
Trading hours |
- Asta di apertura: 7.30 - 9.01 (9.01.00 - 9.01.30) - Negoziazione continua: 9.01 - 17.30 - Large-in-Scale Trade Facility (LiS): 7.30 - 18.30 |
Settlement |
Cash settled |
Quotation |
Index points |
Tick size (in index points) |
On-book trading: 1 Orders to execute Negotiated Transactions: 1 |
Multiplier (value of 1 index point) |
€ 5 |
Contract size |
Futures price x Multiplier |
Contract months |
The 2 nearest semiannual expiries of the June cycle and the 5 nearest successive annual contracts of the December cycle |
Expiry day |
The third Friday of the expiry month at 9.05. If the Exchange is closed on that day, the contract expires on the first trading day preceding that day |
Last trading day |
Expiry day, until 9.05 |
Daily settlement price |
Computed according to Euronext Derivatives Trading Procedures paragraph 2.2 and 2.3 |
Settlement day |
The first open Euronext Clearing calendar day following the expiry day |
Final settlement price |
Cumulative value of the gross ordinary dividends paid by each constituent of the FTSE MIB Dividend index in the current calendar year, calculated in index points |
Strategies |
Preconfigured strategies |
