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Micro MSCI USA Index Futures81808270

ICE Futures Singapore

Micro MSCI USA Index Futures

Description

A cash settled contract based on the price of the MSCI USA (Price Return) Index (USD) (the “Index”)

View the factsheet

Market Specifications

Trading Screen Product Name
Micro MSCI USA Index Futures
Trading Screen Hub Name
ICSG
Contract Symbol
SMU
Contract Size
USD 5 times the Index
Currency
USD
Trading Price Quotation
Index points, to two decimal places
Minimum Price Fluctuation
0.20 Index points, equal to USD 1.00 per contract
Contract Series
Five contracts in the March, June, September and December cycle
Last Trading Day
Trading in the expiring contract ceases at 7:00 PM SGT on the third Friday of the contract month. In all cases, such other date as the Exchange specifies on its website from time to time may apply instead.
Final Settlement
Cash settlement on the basis of a special calculation of the Index based on the opening prices of the component stocks on the Last Trading Day and provided to the Exchange on such a day.

ICSG will record cash settlement as of the Business Day (as defined in the ICSG rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICSG’s Finance Procedures and its Rules which may affect the timing of such payment.
Off Exchange Trade Types
For information on Block Trades click here.

For information on Exchange for Related Positions click here.
NCR, RL and IPL Levels
For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.
Daily Settlement Window
Position Limit
Trading Hours
Disclaimer
The contracts are not sponsored, endorsed, sold or promoted by MSCI Inc. (“MSCI”), any affiliate of MSCI or any other party involved in, or related to, making or compiling the Index. The contracts have not been passed on by MSCI, any of its affiliates or any other party involved in, or related to, making or compiling the Index as to their legality or suitability with respect to any person or entity. MSCI, its affiliates and any other party involved in, or related to, making or compiling the Index do not guarantee the originality, accuracy and/or completeness of the Index or any data included therein. Neither MSCI, any of its affiliates nor any other party involved in, or related to, making or compiling the Index makes any express or implied warranties, and expressly disclaims all warranties of merchantability of and fitness for a particular purpose or use with respect to the contract, the Index or any data included therein. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any other party involved in, or related to, making or compiling the Index have any liability for any direct, special, punitive, indirect or consequential damages (including lost profits), even if notified of the possibility of such damages, claims, losses or expenses relating to any futures or options contracts or caused by any errors or delaying in calculating or disseminating the Index. Neither MSCI, any of its affiliates nor any other party involved in, or related to, making or compiling the Index has any obligation to take the needs of the issuers of the contracts, the owners of the contracts of the Exchange into consideration in determining, composing or calculating the Indexes. Neither MSCI, its affiliates nor any other party involved in, or related to, making or compiling the Index is responsible for or have participated in the determination of the timing of, prices at, or quantities of the contracts to be issued or in the determination or calculation of the equation by which the contracts are redeemable for cash.
MIC Code
IFSG
Clearing Venues
ICSG

Trading Hours

CityTradingPre-Open
New York9:00 PM - 6:00 PM*
21:00 - 18:00
8:55 PM
20:55
London2:00 AM - 11:00 PM*
02:00 - 23:00
1:55 AM
01:55
Singapore9:00 AM - 6:00 AM*
09:00 - 06:00
8:55 AM
08:55

*Next Day

Codes

Clearing Admin Name
SG Micro USA
Physical
SMU
Logical
SMU
Symbol Code
SMU