Marché à Terme International de France
Marché à Terme International de France (MATIF), established in 1986 by the French Treasury, now Euronext Paris S.A., is France's futures exchange. MATIF was absorbed in the merger of the Paris Bourse with Euronext NV. A specialized financial institution governed by French banking law, Euronext Paris S.A. is the operational managing body of MATIF.
A fully electronic market, all Euronext Paris S.A. products were originally traded on the NSC-VF match engine. Later, when Euronext acquired LIFFE in 2002, derivatives trading moved to LIFFE CONNECT, originally the platform of the London International Financial Futures Exchange (LIFFE).
Futures and options on Euronext Paris include interest rate products (e.g. 3-month PIBOR-Paris Interbank Offered Rate; 5-year Euro) and commodities, and MONEP, equity and index futures and options (most notably the the CAC 40, an index that represents a capitalization-weighted measure of the 40 most significant values among the 100 highest market caps on the Paris Bourse).
Trading hours are 9 a.m. to 5:30 p.m., Paris time, Monday through Friday, and all clearing is done through LCH.Clearnet.
- ↑ A brief history of MATIF. Matif.
- ↑ 20 Years of Euronext. MarketsWiki.