FTSE 250 Index Options72131066
ICE Futures Europe
FTSE 250 Index Options
Description
The FTSE 250 Index Options are cash settled upon expiration.
The FTSE 250 Index represents mid cap stocks traded on the London
Stock Exchange (LSE), which pass screening for size and liquidity.
Market Specifications
- Trading Screen Product Name
- FTSE 250 Index FLEX Options
- Trading Screen Hub Name
- ICEU
- Contract Symbol
- YFS
- Unit of Trading
- Contract Valued at £2 per index point
- Contract Series
- Four quarterly months in the March, June, September, December cycle (flexible expiries available on ICE Block)
- Price Quotation
- Index points
- Tick Size
- 0.5 (£1)
- Last Trading Day
- Third Friday in delivery month, Trading shall cease as soon as reasonably practicable after 10:15 (London time) once the Expiry Value of the Index has been determined.
In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday. - Exchange Delivery Settlement Price
- For Quarterly expiries - the value of the FTSE 250 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day. (For flexible expiries please reference the ICE Contract Rules
- Trading Methods
- WebICE and ICE Block
- Off Exchange Trade Types
- Yes
- Block Trade Minimum
- 250
- Exercise Procedure
- Exercise by 18:30 on the Last Trading Day only
The Exercise Prices are in intervals of 50 index points
A price established on the trading day will be used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the strike introduction policy. - Settlement Date
- Settlement day is the first business day after the Last Trading Day
- Contract
- Cash settlement based on the Exchange Delivery Settlement Price
- Option Premium
- Is payable by the buyer in full on the business day following a transaction
- Statement in relation to EDSP Formation
- Potential users of the FTSE 250 Index (European-Style Exercise) Options Contracts made available on ICE Futures Europe should familiarise themselves with the relevant Index compilation and calculation procedures, as well as the relevant Contract Rules which can be found here
- Additional Information
- For contract specifications for other expiries please refer to the ICE Block spreadsheet
- MIC Code
- IFLO
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 3:00 AM - 11:50 AM 03:00 - 11:50 | 1:03 AM 01:03 |
| LONDON | 8:00 AM - 4:50 PM 08:00 - 16:50 | 6:03 AM 06:03 |
| SINGAPORE | 4:00 PM - 12:50 AM* 16:00 - 00:50 | 2:03 PM 14:03 |
Singapore times: Trading begins at 2:00PM of local time and closes next day at 12:30AM of local time.
Codes
- Clearing Admin Name
- O-FTSE Opt
- Physical
- YFS
- Logical
- YFS
- GMI (FC)
- ION A.C.N.
- Symbol Code
- YFS