Eurex DJ EURO STOXX Sector Indexes

From MarketsWiki

The Dow Jones EURO STOXX Index is a broad subset of the Dow Jones STOXX 600 Index. The number of components is variable, and the index encompases large-, mid-, and small-capitalisation companies of 12 Eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.

The index has spawned several sectors, and as of January 8, 2008, Eurex has listed futures and options on 18 of them:

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Dow Jones EURO STOXX Automobiles & Parts Futures and Options
Dow Jones EURO STOXX Banks Futures and Options
Dow Jones EURO STOXX Basic Resources Futures and Options
Dow Jones EURO STOXX Chemicals Futures and Options
Dow Jones EURO STOXX Construction & Materials Futures and Options
Dow Jones EURO STOXX Financial Services Futures and Options
Dow Jones EURO STOXX Food & Beverage Futures and Options
Dow Jones EURO STOXX Health Care Futures and Options
Dow Jones EURO STOXX Industrial Goods & Services Futures and Options
Dow Jones EURO STOXX Insurance Futures and Options
Dow Jones EURO STOXX Media Futures and Options
Dow Jones EURO STOXX Oil & Gas Futures and Options
Dow Jones EURO STOXX Personal & Household Goods Futures and Options
Dow Jones EURO STOXX Retail Futures and Options
Dow Jones EURO STOXX Technology Futures and Options
Dow Jones EURO STOXX Telecommunications Futures and Options
Dow Jones EURO STOXX Travel & Leisure Futures and Options
Dow Jones EURO STOXX Utilities Futures and Options

Although each sector is different, the contract specifications are the same for each sector.

DJ EURO STOXX Sector Index futures
Exchange	Eurex
Settlement	Cash settled
Trade Unit	€50 multiplied by the value of the index
Point Value	€50
Tick Value	€5
Contract Months	Up to 9 months: The three nearest quarterly months of the March, June, September and December cycle.
Last Trading Day	Last Trading Day is the Final Settlement Day, which is the third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the maturing futures on the Last Trading Day is at the Beginning of the Xetra® intraday auction starting at 12:00 CET.
Note: This contract is electronic ONLY -- no open outcry
	No Open Outcry	Electronic
Trading Hours	N/A	7:50 am CET to 22:00 (10:00 pm) CET, except on last trading day, when trading ends at 12:30 pm CET (Eurex operates in three trading phases: pre-trading, trading and post-trading. The post-trading phase is further split in several periods where different functions are available. Pre-trading begins at 7:30 am CET, and post-trading ends at 22:30 (10:30 pm) CET, except on the last trading day, when trading ends at 12:00 CET)
Ticker Symbol	N/A	N/A
Price Limits	N/A	N/A

DJ EURO STOXX Sector Index options
Trade Unit	€50 multiplied by the value of the index
Point Value	€50 (The Price Quotation is in points with one decimal place. The Minimum Price Change is 0.1 points.)
Tick Value	€5 (0.1)
Option Months	Up to 24 months: The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.
Strike Prices	Every 5 index points when a contract has three months or less before expiry. Every 10 points when a contract has between three and 12 months before expiry, and every 20 points when a contract has between 12 and 24 months before expiry.
Exercise Style	European-style (An option can only be exercised on the Final Settlement Day of the respective option series until the end of the Post-Trading Full Period (21:00 CET).
Option Expiration Day	Final Settlement Day is the third Friday of each expiration month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the expiring option series on the Last Trading Day is at the beginning of the Xetra intraday auction starting at 13:00 CET
	No Open Outcry	Electronic
Trading Hours	N/A	Same as futures
Ticker Symbol	N/A	N/A
Price Limits	N/A	N/A