Markit ® iBoxx® USD Liquid Investment Grade37612693
ICE OTC
Markit ® iBoxx® USD Liquid Investment Grade
Description
Total Return Swap referencing the Markit iBoxx USD Liquid Investment Grade index.
Market Specifications
- Rule Number
- 1248
- Contract Symbol
- IBOXX USD LIQ IG
- Currency
- USD
- Min Notional
- Order Book: 5,000,000
Block Trades: In accordance with Rule 701(k)
All other execution methods: As agreed by counterparties - Max Notional
- Order Book: 100,000,000
All other execution methods: As agreed by counterparties - Min Notional Increment
- Order Book: 5,000,000
All other execution methods: As agreed by counterparties - Contract Series
- March, June, September and December; up to 16 months listed at all times
- Price Quotation
- Basis Points
- Minimum Price Fluctuation
- 0.125 basis points
- First Trading Day
- Date of contract listing
- Last Trading Day
- 20th calendar day of the Contract Month.
- Position Limit
- None
- Daily Price Limit
- None
- Off Exchange Trade Types
- Yes
- NCR and RL
- Variable by contract type and price. See Error Trade Policy for more details.
- MIC Code
- ICES
- Clearing Venues
- Bilateral
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 2:00 AM - 5:30 PM 02:00 - 17:30 | |
| LONDON | 7:00 AM - 10:30 PM 07:00 - 22:30 | |
| SINGAPORE | 3:00 PM - 6:30 AM* 15:00 - 06:30 |
Codes
- Clearing Admin Name
- Physical
- Logical
- GMI (FC)
- ION A.C.N.
- Symbol Code