ICE AEX Index

The AEX Index is largely tied to the Dutch markets, as it is the most widely used indicator for the Dutch Stock Market and reflects the performance of the 25 largest and most actively traded shares on Euronext Amsterdam. AEX is a free float market capitalization weighted index that serves as an underlying for structured products, funds, exchange traded funds, options, and futures.
AEX Index Futures 	AEX Index Futures 	AEX Index Futures 	AEX Index Futures
Trading Screen Product Name 	IMEQ AEX - Euro FLEX Index Opt 	IMEQ AEX - Euro FLEX Index Opt 	IMEQ AEX - Euro FLEX Index Opt
Trading Screen Hub Name 	ICNL 	ICNL 	ICNL
Contract Symbol 	YAX 	YAX 	YAX
Unit of Trading 	Contract valued at € 100 per index point (eg value € 55,800 at 558). 	Contract valued at € 100 per index point (eg value € 55,800 at 558). 	Contract valued at € 100 per index point (eg value € 55,800 at 558).
Delivery Months 	The nearest 3 expiry months plus one quarterly from Mar, Jun, Sep, Dec cycle 	The nearest 3 expiry months plus one quarterly from Mar, Jun, Sep, Dec cycle 	The nearest 3 expiry months plus one quarterly from Mar, Jun, Sep, Dec cycle
Quotation 	Index points (e.g. 558). 	Index points (e.g. 558). 	Index points (e.g. 558).
Minimum price movement (tick size and value)	0.01 euro (€1.00 per contract) 	0.01 euro (€1.00 per contract) 	0.01 euro (€1.00 per contract)
Last Trading Day 	Trading cease at 16:00 (Amsterdam time) on the third Friday of the delivery month.
In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday. 	Trading cease at 16:00 (Amsterdam time) on the third Friday of the delivery month.
In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday. 	Trading cease at 16:00 (Amsterdam time) on the third Friday of the delivery month.
In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.
Exchange Delivery Settlement Price 	Price determined on the Last Trading Day as the average of the AEX-index values calculated and disseminated at one minute intervals between, and including, 15:30 and 16:00 CET. The EDSP value is rounded to two decimal places (see for more information about the AEX index exchange delivery settlement price the website from Euronext)	Price determined on the Last Trading Day as the average of the AEX-index values calculated and disseminated at one minute intervals between, and including, 15:30 and 16:00 CET. The EDSP value is rounded to two decimal places (see for more information about the AEX index exchange delivery settlement price the website from Euronext)	Price determined on the Last Trading Day as the average of the AEX-index values calculated and disseminated at one minute intervals between, and including, 15:30 and 16:00 CET. The EDSP value is rounded to two decimal places (see for more information about the AEX index exchange delivery settlement price the website from Euronext)
Block Trade Minimum 	440 Contracts
Block Trades can be reported up to 17:30 Amsterdam time on any business day other than the Last Trading Day 	440 Contracts
Block Trades can be reported up to 17:30 Amsterdam time on any business day other than the Last Trading Day 	440 Contracts
Block Trades can be reported up to 17:30 Amsterdam time on any business day other than the Last Trading Day
Exercise 	Exercise by 19:30 (Amsterdam time) on the Last Trading Day only.
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike.
A price established on the trading day will used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the strike introduction policy: 5 strikes above and below ATM in increments of 0.1 or 0.5 or 1 or 2	Exercise by 19:30 (Amsterdam time) on the Last Trading Day only.
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike.
A price established on the trading day will used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the strike introduction policy: 5 strikes above and below ATM in increments of 0.1 or 0.5 or 1 or 2	Exercise by 19:30 (Amsterdam time) on the Last Trading Day only.
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike.
A price established on the trading day will used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the strike introduction policy: 5 strikes above and below ATM in increments of 0.1 or 0.5 or 1 or 2
Settlement Date 	Settlement day is the first business day after the Last Trading Day. 	Settlement day is the first business day after the Last Trading Day. 	Settlement day is the first business day after the Last Trading Day.
Matching Algorithm 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price. 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price. 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price.
Contract Standard 	Cash settlement based on the Exchange Delivery Settlement Price. 	Cash settlement based on the Exchange Delivery Settlement Price. 	Cash settlement based on the Exchange Delivery Settlement Price.
Option Premium 	Is payable by the buyer in full on the business day following a transaction 	Is payable by the buyer in full on the business day following a transaction 	Is payable by the buyer in full on the business day following a transaction
Statement in relation to EDSP Formation 	Potential users of the AEX (European-Style Exercise) Options Contracts made available on ICE Endex should familiarise themselves with the relevant Index compilation and calculation procedures, as well as the relevant Contract Rules which can be found here. 	Potential users of the AEX (European-Style Exercise) Options Contracts made available on ICE Endex should familiarise themselves with the relevant Index compilation and calculation procedures, as well as the relevant Contract Rules which can be found here. 	Potential users of the AEX (European-Style Exercise) Options Contracts made available on ICE Endex should familiarise themselves with the relevant Index compilation and calculation procedures, as well as the relevant Contract Rules which can be found here.
MIC Code 	IFLO 	IFLO 	IFLO
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	3:00 AM - 11:30 AM
03:00 - 11:30 	None
Trading Hours 	LONDON 	8:00 AM - 4:30 PM
08:00 - 16:30 	None
Trading Hours 	SINGAPORE 	4:00 PM - 12:30 AM
16:00 - 00:30 	None
Codes 	Clearing Admin Name 	LSE Master 	LSE Master
Codes 	Physical 	III 	III
Codes 	Logical 	III 	III
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
== Notes ==
==References==
==Resources==
ICE AEX Index Product Spec
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