Press Release

MEFF launches future contracts on the IBEX 35 bank and IBEX 35 energy indices

12 September, 2016

Meeting the demands from Market Members and their clients

MEFF, the Derivatives Market of BME, offers its Members the possibility of trading new Future contracts on IBEX 35 Sectoral Indices as of September, 20.

The contracts that can be traded as of this date are on the IBEX 35 BANK and on IBEX 35 ENERGY indices, once, in July, the Spanish stock market regulator (CNMV), approved the amendment of the General Conditions of the Underlying Financial Assets Contract Group.

With this initiative, MEFF meets the demands of Market Members and their clients and broadens its product offering.

These contracts will have a multiplier of 5 euros and their maturities will be the same as those of the IBEX 35 Future contracts, that is, 2 monthly, 10 quarterly and 5 half-yearly. Banco Santander, BBVA and CecaBank act as Market Makers to provide liquidity from the first day of trading.

Like all contracts traded on the Derivatives Market of BME - in contrasts with those traded on the OTC market - these rely on the guarantees provided by a regulated market and a Central Counterparty, BME Clearing.


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