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Description

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

View the factsheet

Market Specifications

Trading Screen Product Name

Micro MSCI Europe Index Futures

Trading Screen Hub Name

ICSG

Contract Symbol

SME

Contract Size

USD 10 times the Index

Currency

USD

Trading Price Quotation

Index points, to two decimal places

Minimum Price Fluctuation

0.10 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 the closing value of the Index in respect of the Last Trading 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.

Daily Settlement Window

Click here

Position Limit

Click here

Trading Hours

Click here.

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

Related Products

• Micro Asia Tech 30 Index Futures
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Trading Hours

Codes