Euronext launches weekly expiry dates on CAC40® and AEX® futures

The first European exchange to launch weekly futures

Amsterdam, Brussels, Lisbon, London and Paris – 16 July 2014– Euronext today announced the launch of weekly expiry dates on its CAC40® and AEX® future contracts. This initiative is the first of its kind in Europe and will complement the existing offer where futures contracts traditionally expire on a monthly or quarterly basis. The shorter expiry period will provide members with more trading possibilities, an opportunity for improved risk management, as well as an efficient hedging tool during the dividend season or when trading AEX weekly options. The product will be launched in the fourth quarter of 2014.

Weekly expiry dates on futures will respond to significant demand from clients looking for shorter expiry solutions and who are not currently able to trade these efficiently in a transparent, liquid, fully cleared market.

With effect from early 2015, Euronext will complement its short maturities offering by launching weekly expiry dates on Exchange for Physicals available on both CAC and AEX futures.

Adam Rose, Head of Financial Derivatives at Euronext, said, “We are extremely proud that with the support of BNP Paribas and Societe Generale in the design of this product, Euronext is the first European exchange to develop weekly futures, creating more trading opportunities for our clients. This is a good example of how we want to drive growth in our derivatives franchise across Europe by being innovative and responding rapidly to client needs.”

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About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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