CAC 40 Futures | Euronext: FCE | Currency: EUR | Type: Index Futures
Key Statistics
About CAC 40 Futures
CAC 40 Futures trade on Euronext Paris at €10 per index point, providing direct exposure to France's benchmark index. Liquidity concentrates in the front-month contract, which is used by both hedgers of French equity portfolios and macro traders expressing eurozone views. The luxury-goods weighting of the underlying index links the contract to global consumer demand, particularly from Asia.
Instrument Details
| Ticker | FCE |
| Exchange / Market | Euronext |
| Instrument type | Index Futures |
| Quote currency | EUR |
Underlying & Contract Specifications
| Underlying asset | CAC 40 Index |
| Exchange | Euronext Paris |
| Contract unit | €10 × index points |
| Expiry cycle | Monthly + quarterly cycle |
Contract specifications are indicative — always verify against the exchange's official contract page before trading.
Trading Hours
CAC 40 Futures trades nearly 23 hours a day on CME Globex-style sessions — from roughly 03:30 AM IST Monday through 02:30 AM IST Saturday, with a one-hour daily maintenance break around 03:30 AM IST. Outside those hours this page shows the last traded level, with change figures measured against the previous official close. All session times are expressed in Indian Standard Time (IST).
How to Read CAC 40 Futures
The gap between CAC 40 Futures and the underlying index's last close is often monitored as a guide to the possible opening move of the cash market. Overnight trends in the futures reflect reactions to news released outside regular hours. Traders also watch the futures premium or discount to fair value for sentiment cues.
52-week range: 7,505.27 – 8,755.03. Trailing 12-month change: 8.18%.
By Liveworldmarket Editorial Team · Last reviewed 17 August 2026
CAC 40 Futures (FCE) — A Practical Guide
CAC 40 futures (Eurex ticker FCE, also listed on Euronext) track France's CAC 40 index of the 40 largest Euronext Paris-listed companies. The CAC 40 is the third-largest European equity benchmark after the DAX 40 and FTSE 100 and is heavily weighted in luxury (LVMH, Hermès, Kering), consumer staples (L'Oréal, Danone), and energy (TotalEnergies).
FCE liquidity concentrates during Paris cash hours (12:30–20:30 IST). The contract is widely used by EU asset managers to hedge French large-cap exposure and by global macro traders to express a view on eurozone consumer demand — given the CAC's outsized luxury weighting.
History & contract origins
The CAC 40 index launched on 31 December 1987 with a base level of 1,000. CAC 40 futures began trading on MATIF (now part of Euronext) in 1988 and migrated to Eurex/Euronext electronic platforms in the early 2000s.
Trading hours & session layout
Euronext Paris session times (IST):
| Pre-market | 12:45 IST |
| Paris cash open | 13:30 IST (winter) / 12:30 IST (CEST) |
| Paris cash close | 21:00 IST (winter) / 20:00 IST (CEST) |
How to read this tape
CAC 40 is one of the cleanest macro signals for European luxury and discretionary spending — when LVMH and Hermès earnings move, the index moves disproportionately because their combined weight is ~15%. A weak CAC vs. strong DAX is often a signal of luxury cooling, frequently linked to Chinese demand softness.
Frequently asked questions
Why is the CAC 40 so sensitive to China?
Roughly 25–30% of CAC 40 revenues come from Asia, with LVMH, Hermès, Kering and L'Oréal generating a meaningful share from Chinese consumers. Any China demand surprise — positive or negative — flows through to CAC pricing within hours.
Related markets
Editorial article. Information only — not investment advice. Read our Risk Disclaimer before acting on any market data shown here.