Centrica PLC38716800
ICE Futures Europe
Centrica PLC
Description
Physically Delivered Option Contract on UK Single Equities
Additional flexible products may be available for this equity. Please see ICEBlock Only contracts here
Market Specifications
- Trading Screen Product Name
- Centrica PLC
- Trading Screen Hub Name
- ICEU
- Contract Symbol
- CTR
- Unit of Trading
- One option normally equals rights over 1000 shares. Due to corporate action contract adjustments some equity options series may have a non-standard contract size. Details of non-standard contract sizes can be found here
- Quotation
- Pence per share
- Minimum Price Fluctuation
- 0.25 pence per share / £2.50
- Last Trading Day
- 16:30 London Time. Third Friday in expiry month
*In the event that this day is not a business day, then the Last Trading Day shall normally be the preceding full business day - Algorithm
- Price-time trading algorithm with priority given to the first order at the best price.
- Block Trade Minimum
- 250 contracts
Block Trades can be reported up to 17:30 London time on any business day other than the Last Trading Day - Exercise Procedure
- Exercise by 18:30 London time on any business day
- Delivery Month
- Target Group Options* - Serial months out to two years. Longer dated expiries beyond two years with a maximum expiry of five years are available on ICE Block only.
Non Target Group Options* - Serial months out to one year. Longer dated expiries beyond one year with a maximum expiry of five years are available on ICE Block only.
*A list of Target Group and Non Target Options can be found here. - Settlement Date
- Settlement Date is two business days following the day of exercise/Last Trading Day.
- Deliverable Specifications
- Delivery will be 1,000 shares (or other such number of shares as determined by the terms of the contract).
- Option Premium
- Payable in full by the buyer on the business day following a transaction.
- Additional Information
- In the United States these products may only be offered and sold to prescribed entities under specified conditions.
- Stock Exchange
- London Stock Exchange
- MIC Code
- IFLO
- Clearing Venues
- ICEU
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 3:00 AM - 11:30 AM 03:00 - 11:30 | |
| LONDON | 8:00 AM - 4:30 PM 08:00 - 16:30 | |
| SINGAPORE | 4:00 PM - 12:30 AM* 16:00 - 00:30 |
Codes
- Clearing Admin Name
- Physical
- CTR
- Logical
- CTR
- GMI (FC)
- VR
- ION A.C.N.
- Symbol Code
- CTR