- Trading Screen Product Name
- MSCI EAFE Index Daily Future
- Trading Screen Hub Name
- ICUS
- Contract Symbol
DMQ
- Parent Contract
MSCI EAFE Future contract (MFS)
- Contract Size
$50 times the MSCI EAFE Index
- Eligible Contract Dates
Each Business Day on which MSCI Index futures contracts are
available to trade on IFUS, excluding the Last Trading Day of the
quarterly expiration of the Parent Contract. The nearest 5 Eligible
Contract Dates will be listed for trading at any time.
- Price Quotation
Index points to three decimal places
- Other Information
Buying the Quarterly/Daily spread means buying the Quarterly
contract/selling the Daily contract. Selling the Quarterly/Daily
spread means selling the Quarterly contract/buying the Daily
contract.
- Currency
USD
- Minimum Price Fluctuation
Screen - 0.100 Index points, equal to $5.00 per contract
Blocks - 0.001 Index points, equal to $0.05 per contract
- Trading Hours
08:00 to 18:00 EST time (18:00 hours EST open on Sunday evening)
Preopen starts 30 minutes prior to the start of trading.
- Last Trading Day
Trading shall cease at 16:15 hours (EST)
- Final Settlement
Cash settlement to the closing value of the MSCI EAFE Index on the
Last Trading Day for the contract.
- Position Accountability and Limit Levels
Positions in the Daily contract will be aggregated with and subject
to the Position Accountability and Limit levels of the Parent
contract.
- Daily Price Limit
None
- Off Exchange Trade Types
Block enabled: Block Trade minimum quantity of 50 lots
- Fees
Screen Trades: $1.20 per side
Block and EFRP Trades: $1.75 per side
These fees will be waived for all Daily Futures executed as part of
an Inter-commodity spread with the parent contract.
- MIC Code
- IFUS
- Clearing Venues
- ICUS