Monday, May 25, 2009

About the Eurostoxx 50

The Eurostoxx 50 is a paneuropean stock market index. It is composed of 50 european blue chips of 12 Eurozone states. Total, Siemens, Allianz, Aegon, Nokia, AXA, Danone, Telecom Italia and so on.

The sectors with the heaviest weight in this index are financials, insurers, utilities and telecommunication.

The contracts are traded through the Eurex market.

Eurostoxx futures opens at 7.00 in the morning and closes at 21.00 in the evening.
Eurostoxx cash opens at 8.00 and closes at 16.30. I trade the futures.

The tick value is 10 euro on a one lot contract.

More information here:

http://www.stoxx.com/indices/download.html?symbol=SX5E

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