Description

The MSCI Europe Net Total Return Index Futures are cash settled upon expiration.

The underlying index is the MSCI Europe Net Total Return Index denominated in Euro. This index covers approximately 85% of the free float-adjusted market capitalization across the European Developed Markets equity universe (large and mid cap).

Market Specifications

Trading Screen Product Name

MSCI Europe NTR (EUR) - Stnd Index Future

Trading Screen Hub Name

ICEU

Contract Symbol

MPE

Contract Series

Nearest twelve (12) months in the March, June, September and December quarterly cycle

Unit of Trading

Contract Valued at €100 per index point (e.g. value €15,000 at 150.0)

Delivery Months

Five quarterly months from in the March, June, September, December quarterly cycle

Quotation

Index points (eg 150.00)

Minimum price movement (tick size and value)

0.05 (€5.00)

Last Trading Day

Third Friday of the Delivery Month

Trading in the expiring contract ceases at 16:30 (London time) on the Last Trading Day.

Exchange Delivery Settlement Price

The EDSP is the official closing value of the MSCI Europe Net Total Return Index on the last trading day.

No later than 09:00 (London time) on the business day following the Last Trading Day, the final EDSP shall be published as soon as reasonably practicable thereafter.

Algorithm

Price-time trading algorithm with priority given to the first order at the best price.

Block Trade Minimum

100

Off Exchange Trade Types

Yes

Final Settlement

Cash settlement based on the Exchange Delivery Settlement Price on the Second Business day after the Last Trading Day

MIC Code

IFLL

Clearing Venues

ICEU

Related Products

• MSCI Brazil NTR Index Future
• MSCI Europe NTR Index Future
• MSCI India NTR Index Future
• MSCI Pacific ex Japan NTR Index Future
• MSCI Emerging Market Net Total Return (NTR) Index Future
Show More

Trading Hours

Codes