- Trading Screen Product Name
- MSCI EM Latin Amer NTR Index Futures
- Trading Screen Hub Name
- ICUS
- Contract Size
$100 times the MSCI Emerging Markets Latin America NTR Index
- Contract Series
5 contracts in the March, June, September and December cycle
- Price Quotation
Index Points, to 3 decimal places
- Tick Size
0.050 Index Points ($5 per contract) for outright trades and 0.020
Index Points ($2 per contract) for spread trades; BIC trades can be
done at .001 Index Points.
- Auction Process
A Daily Auction will be held in this market during the above
trading hours. Trading will temporarily close prior to the
commencement of the Daily Auction and not re-open until the Daily
Auction is complete. All resting orders other than GTC orders will
be cancelled when the market closes prior to the commencement of
the Daily Auction. More information on Daily Auction times and
procedures can be found
here.
- Last Trading Day
Third Friday of the expiration month. Trading in the expiring
contract ceases at 4:15 pm NY time on Last Trading Day.
- Contract Symbol
MML
- Final Settlement
Cash settlement to the closing value of the MSCI Emerging Markets
Latin America NTR Index on the Last Trading Day for the contract.
- Position Limit
Position Accountability Level - 10,000 lots in any month
Position Limit, All Months Combined - 50,000 lots
- Daily Price Limit
None.
- Off Exchange Trade Types
Yes. 50 contract block trade minimum quantity on outright trades,
and 25 lot minimum block trade quantity on calendar spread trades.
- IPL Levels
IPL Amount: 14.00 Index Points
Recalc Time and Hold Period: 5 seconds
- Other Information
View the Daily MSCI futures
FAQ.
- NCR and RL
NCR 1.00; RL 12.00; CSLOR 0.75 Index Points
- MIC Code
- IFUS
- Clearing Venues
- ICUS