MATIF
Encyclopedia
MATIF SA is a private corporation which is both a futures exchange
and a clearing house
in France. It was absorbed in the merger of the Paris Bourse
with Euronext
NV to form Euronext Paris
. Derivatives
formerly traded on the Matif and other members of Euronext are traded on LIFFE Connect, the electronic trading platform
of the London International Financial Futures Exchange. LIFFE is an affiliate of Euronext.
Products include interest rate
futures and options on the Euro
notional bond, five year Euro, and three month PIBOR (Paris Interbank Offered Rate), and futures on the 30-year Eurobond
and two-year E-note; futures on the CAC 40
Index, STOXX Europe 50, EURO STOXX 50; and futures and options on Europe
an rapeseed
and futures on rapeseed meal, European rapeseed oil, milling wheat, corn and sunflower seeds.
MATIF is also the name by which the French regulators name any market where futures contracts are traded under French Law..
Futures exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts; that is, a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. These types of...
and a clearing house
Clearing house
Clearing house may refer to:* Clearing house * Clearinghouse * Clearing House , an EU intelligence body* Clearing House, California* Railway Clearing House* A computer reservations system for an airline* Publishers Clearing House...
in France. It was absorbed in the merger of the Paris Bourse
Paris Bourse
The Paris Bourse is the historical Paris stock exchange, known as Euronext Paris from 2000 onwards.-History and functioning:...
with Euronext
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...
NV to form Euronext Paris
Euronext Paris
Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the UK's London Stock Exchange...
. Derivatives
Derivative (finance)
A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.Under U.S...
formerly traded on the Matif and other members of Euronext are traded on LIFFE Connect, the electronic trading platform
Electronic trading platform
In finance, an Electronic trading platform is a computer system that can be used to place orders for financial products over a network with a financial intermediary. This includes products such as shares, bonds, currencies, commodities and derivatives with a financial intermediary, such as a...
of the London International Financial Futures Exchange. LIFFE is an affiliate of Euronext.
Products include interest rate
Interest rate
An interest rate is the rate at which interest is paid by a borrower for the use of money that they borrow from a lender. For example, a small company borrows capital from a bank to buy new assets for their business, and in return the lender receives interest at a predetermined interest rate for...
futures and options on the Euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
notional bond, five year Euro, and three month PIBOR (Paris Interbank Offered Rate), and futures on the 30-year Eurobond
Eurobond
A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, but Eurobonds may be traded throughout the world - for...
and two-year E-note; futures on the CAC 40
CAC 40
The CAC 40 is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the 100 highest market caps on the Paris Bourse...
Index, STOXX Europe 50, EURO STOXX 50; and futures and options on Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
an rapeseed
Rapeseed
Rapeseed , also known as rape, oilseed rape, rapa, rappi, rapaseed is a bright yellow flowering member of the family Brassicaceae...
and futures on rapeseed meal, European rapeseed oil, milling wheat, corn and sunflower seeds.
MATIF is also the name by which the French regulators name any market where futures contracts are traded under French Law..