The BFX futures market is based upon the BEL20 stock index, which is the primary stock index of Euronext Brussels in Belgium. The BEL20 stock index consists of a minimum of ten and a maximum of twenty companies, that are traded on the Brussels stock exchange, and that represent the diversity of the Belgian stock market. The BEL20 stock index is calculated in real time, and the BFX futures market is traded on the Euronext electronic trading system from 9:00 AM to 5:35 PM Central European Time.
Companies
As of September 2008, the BEL20 stock index includes the following twenty companies (the maximum number of companies):
- Ackermans and van Haaren
- Agfa-Gevaert
- Bekaert
- Belgacom
- Cofinimmo
- Colruyt
- Delhaize Group
- Dexia
- Fortis
- GBL
- GDF Suez
- InBev
- KBC Group
- Mobistar
- NPM/CNP
- Nyrstar
- Omega Pharma
- Solvay
- UCB
- Umicore
Contract Specifications
The full contract specifications for the BFX futures market are as follows:
- Symbol: BFX (IB / SierraChart Format)
- Expiration date (as of September 2008): October 17 2008 (the third Friday of every month)
- Exchange: BELFOX
- Currency: EUR
- Multiplier / Contract value: 10 EUR
- Tick size / Minimum price change: 0.1
- Tick value / Minimum price value: 1 EUR
Holidays
In 2008, the BFX futures market is open for trading every trading day (Monday to Friday), except for the following holidays:
- January 1
- March 21
- March 24
- May 1
- December 24 (modified trading times)
- December 25
- December 26
- December 31 (modified trading times)
Exchange Web Site
The Euronext web site is available at http://www.euronext.com/, and provides additional information about the exchange, its trading system, and the BEL20 index and BFX futures market.
