Finnish derivative contract specifications
Specifications on this page should be used as a guide only. For full and up-to-date contract specifications please refer to the EDX London Rulebook.
| FTSE F25 index options |
Contract value |
EUR 10 |
Maturity |
Up to 9 months: 1, 2 and 3 consecutive month contracts and the 3 nearest quarterly months of the Mar, Jun, Sep and Dec cycle |
Tick Size |
0.01 where premium < ERUR 0.1 |
|
0.05 where premium > EUR 0.1 – EUR 4 |
|
0.25 where premium > EUR 4 |
Premium Settlement Day |
T +1 |
Expiration Day |
3rd Friday of the expiry month |
Exercise |
Automatic exercise of all in-the-money series |
Settlement Day |
Expiration day + 1 |
Option Style |
European |
Listing of new Expiry Month |
Monday on the week of expiry. |
Expiration settlement price |
VWAP of the FTSE F25 index over the expiration day |
| FTSE F25 index future |
Contract value |
EUR 10 |
Maturity |
Up to 9 months: 1, 2 and 3 consecutive month contracts and the 3 nearest quarterly months of the Mar, Jun, Sep and Dec cycle |
Tick Size |
EUR 0.01 |
Expiration Day |
Third Friday of the expiry month |
Expiration Settlement Price |
Closing value of the index at 16:30 London time |
Settlement Day |
Expiration day + 1 |
Listing of new Expiry Month |
Monday on the week of expiry. |
Expiration settlement price |
VWAP of the FTSE F25 index over the expiration day |
| Finnish stock options |
Contract size |
100 shares |
Maturity |
3, 6, 12 or 24 months |
Listing of new expiry month |
Occurs on the 4th trading day prior to the expiration day in each expiry month |
Tick size |
0.01 where premium < EUR 0.1 |
|
0.01 where premium > EUR 0.1 – EUR 4 |
|
0.25 where premium > 4 |
Delivery |
Physical |
Option style |
American |
Premium settlement day |
T+1 |
Expiration day |
The 3rd Friday of the expiration month of the expiration year, or where such day is not a Finnish trading day, the preceding Finnish trading day. |
Expiration settlement price |
VWAP for the underlying Finnish stock over the expiration day. |
| Finnish stock futures |
| Contract size | 100 shares |
| Maturity | 3,6,12 0r 24 months |
| Listing of new expiry month | Occurs on the 4th trading day prior to the expiration day in each expiry month |
| Tick size | EUR 0.01 |
| Delivery | Daily cash settlement with physical delivery of the underlying share |
| Daily settlement price | Normally last traded price |
| Expiration day | The 3rd Friday of the expiration month of the expiration year, or where such day is not a Finnish trading day, the preceding Finnish trading day. |
| Expiration settlement price | VWAP for the underlying Finnish stock over the expiration day. |