The CAC40 futures market is based upon the CAC40 stock index, which is the primary stock index of Euronext Paris in France. The CAC40 index is calculated using prices of the highest 40 companies (in terms of capitalization and liquidity) from Euronext Paris. The CAC40 futures market is traded on the LIFFE CONNECT electronic trading system from 8:00 AM to 8:00 PM Central European Time. The CAC40 futures market has a daily trading volume of approximately 90000 contracts, and a daily price range of approximately 50 points (100 ticks).
Companies
As of February 2007, the CAC40 index includes the following 40 companies :
- Accor
- AGF
- Air Liquide
- Alcatel-Lucent
- Alstom
- AXA
- BNP Paribas
- Bouygues
- Capgemini
- Carrefour
- Crédit Agricole
- Dexia
- EADS
- EDF
- Essilor
- France Télécom
- GDF
- Groupe Danone
- L'Oréal
- Lafarge
- Lagardère
- LVMH
- Michelin
- Mittal Steel
- Pernod Ricard
- PSA Peugeot Citroën
- PPR
- Renault
- Saint-Gobain
- Sanofi-Aventis
- Schneider Electric
- Société Générale
- STMicroelectronics
- SUEZ
- Thomson
- Total
- Vallourec
- Veolia Environnement
- VINCI
- Vivendi
Contract Specifications
The full contract specifications for the CAC40 futures market are as follows :
- Symbol (IB / Sierra Chart Format) : CAC40
- Expiration date (as of February 2007) : March 16 2007
- Exchange : MONEP
- Currency : EUR
- Multiplier / Contract value : 10 EUR
- Tick size / Minimum price change : 0.5
- Tick value / Minimum price value : 5 EUR
Holidays
In 2007, the CAC40 futures market is open for trading every trading day (Monday to Friday), except for the following holidays :
- January 01
- April 06
- April 09
- May 01
- May 28
- December 24
- December 25
- December 26
- December 31
