- Trading Screen Product Name
- MSCI Europe NTR Index Futures (USD)
- Trading Screen Hub Name
- ICUS
- Contract Size
$10 times the MSCI Europe NTR Index
- Contract Series
5 contracts in the March, June, September and December cycle
- Price Quotation
Index Points, to 3 decimal places
- Tick Size
1.000 Index Points($10.00 per contract);
BIC Trades can be done at 0.001 Index Points
- Trading Hours
8:00 pm to 6:00 pm (6:00 pm open on Sunday evening)
Preopen starts 30 minutes prior to the start of trading.
- 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
EU9
- Daily Settlement Window
15:59 to 16:00 NY time
- Final Settlement
Cash settlement to the closing value of the MSCI Europe NTR Index
on the Last Trading Day for the contract.
- Position Limit
Position Accountability Levels - 20,000 lots in any month
Position Limit, All Months Combined - 200,000 lots
- Daily Price Limit
None
- Off Exchange Trade Types
EFP, EFS, Block Trade
- Block Trade Minimum
50 lot Block Minimum Quantity
- IPL Levels
IPL Amount: 150.00 Index Points
Recalc Time and Hold Period: 5 seconds
- NCR and RL
NCR 15.00; RL120.00; CSLOR 10.00 Index Points
- Fees
Screen Trades: $0.40 per side
Block and EFRP Trades: $0.60 per side
- Markers
BIC (Block at Index Close)
- Other Information
View the TIC+ Daily MSCI futures
FAQ.
- MIC Code
- IFUS
- Clearing Venues
- ICUS