ParisBourseSBF SA extends trading hours


Paris, 24 February 2000 - Beginning on Monday April 3, ParisBourseSBF SA trading hours will be extended by half an hour. Trading will end with a closing call auction at 5:35 p.m..

This implements the agreement reached by eight European exchanges in September to harmonize trading hours from 9:00 a.m. to 5:30 p.m.

On September 20, 1999, ParisBourseSBF SA took an initial step in this direction, moving the beginning of trading up from 10:00 a.m. to 9:00 a.m.

From April 3, all continuously traded stocks on the Premier Marché, Second Marché and Nouveau Marché with be traded from 9:00 a.m. to 5:30 p.m., followed by a closing call auction at 5.35 p.m.

Times for call auctions on Le Nouveau Marché will also change. The first will be held at 9:30 a.m. instead of 10:30 a.m., and the second at 5:00 p.m. instead of 4:30 p.m.

As a result, dissemination of closing prices for all Paris Bourse indices will begin at 5:35 p.m. as of April 3.

Trading in equity options will close at 5:35 p.m. instead of 5:05 p.m. and trading in index options at 5:30 p.m. instead of 5:00 p.m.

In the case of Euro Notional, Euro 5-year, Euro 2-year and Euro 30-year futures and related options, the so-called day session will be extended to 5:30 p.m. The day session for the Euribor future and related option will be extended to 5:10 p.m.

Closing times may be set later in coming months if market needs make this appropriate.


Contracts Mnémo Trading mode Trading hours
EURO NOTIONAL
EURO 5 years
EURO 2 years
EURO 30 years
ELT
EMT
E2Y EVL
Continu pre opening 7:45 - 8:00
opening 8:00
Session 08 :00 - 22 :00
day session 08:00 - 17:30
evening session 17:30 - 22:00
(J+1 clearing )
EURO NOTIONAL OPTIONS
EURO 5 years OPTIONS
OLT
OMT
Continu pre opening 7:45 - 8:00
opening 8:00
Session 08 :00 - 22 :00
day session 08:00 - 17:30
evening session 17:30 - 22:00
(J+1 clearing )
3-MONTH EURIBOR EST Continu pre opening 7:45 - 8:00
opening 8:00
Session 08 :00 - 22 :00
day session 08:00 - 17:10
evening session 17:10 - 22:00
(J+1 clearing )
EURIBOR OPTIONS
MID CURVE OPTIONS
OST
OMS
Continu pre opening 7:45 - 8:00
opening 8:00
Session 08 :00 - 22 :00
day session 08:00 - 17:10
evening session 17:10 - 22:00
(J+1 clearing )

The trading hours for commodities futures and options remain unchanged.

Contracts Mnéno Trading mode Trading hours
MILLING WHEAT
RAPESEED
RAPESEED MEAL
CORN
EBM
ECO
ETC
EMA
Continu pre opening 10 :30 - 10 :45
opening 10 :45
Session 10 :45 - 13 :00
Cotation interruption
13 :00 - 14 :45
pre opening 14 :45 - 15 :00
opening 15 :00
Session 15 :00 - 18 :30
RAPESEED OPTIONS OCO Continu

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ParisBourseSBFSA - 39, Rue CAMBON 75039 PARIS CEDEX 01
TEL: (33) 1 49 27 53 75 / 53 76 - FAX: (33) 1 49 27 11 68
Email: n.falcon@parisboursesa.com / s.brezet@parisboursesa.com

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