CAC 40 Futures
EURONEXT:FCE1!
Key Statistics
About CAC 40 Futures
By Liveworldmarket Editorial Team · Last reviewed 29 June 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.
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Editorial article. Information only — not investment advice. Read our Risk Disclaimer before acting on any market data shown here.