Salmon Futures

Swim smoothly through price variations with the new Euronext Cash-settled Salmon Future, powered by Fish Pool.

Based on the weekly SISALMONI spot index from Sitagri Index Services, a BMR-compliant Price Reporting Agency (PRA), the Euronext Salmon Future  (ESF) is a cash-settled contract that provides a true reference price for the salmon industry.

A tool to protect against price changes in Atlantic salmon

• Avoid unsuitable proxy indices by trading with a true price reference specific to the salmon industry
• Benefit from reduced risk and a simplified settlement process
• Hedge investment and trading portfolios effectively
• Protect against quality concerns in an increasingly volatile market
• Enjoy greater transparency and more trading opportunities
• Mitigate counterparty risk with Euronext Clearing as the central counterparty

Aquaculture-based commodity within the Euronext Group

Salmon Futures, denominated in NOK and based on the Fish Pool Index, were traded as cleared futures on the Fish Pool regulated market until 2024. This market was acquired by Euronext through Euronext Oslo Børs. 

The trading of these NOK-denominated contracts ceased at the end of 2024, and is replaced by the Euronext Cash-settled Salmon Future, a Euro-denominated contract, traded via Euronext's trading platform, Optiq.

The Euronext salmon exchange desk operates a block matching screen that remains available as an information platform for a determined period with free access for all interested market participants.