The Essential Guide to Trading CAC 40 Futures
Understanding the CAC 40 Futures Market
The CAC 40 futures market offers traders the opportunity to speculate on the future price of the CAC 40 index, a benchmark index comprising the 40 most significant companies on the Euronext Paris exchange. By trading CAC 40 futures, traders can potentially profit from both upward and downward movements in the underlying index.
Key Concepts
Trading Hours
The main trading hours for CAC 40 futures are between 07:15 and 22:00 CET during weekdays.
Settlement Time
All trades are cleared and settled on the trading day, with the settlement price determined at 17:30 CET.
Tick Size
The minimum price increment for CAC 40 futures is 0.5 points.
Trading Sessions
The trading day is divided into two sessions: the day session from 07:15 to 17:30 CET and the evening session from 18:00 to 22:00 CET.
Contract Specifications
CAC 40 futures contracts represent a notional value of €10 per point, with a contract multiplier of 100. This means that each contract is worth €1,000 per point movement in the underlying index.
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