MSCI Emerging Market NTR USD Index Daily Future82723844
ICE Futures U.S.
MSCI Emerging Market NTR USD Index Daily Future
Description
The MSCI Emerging Market NTR USD Index Daily Future (“Daily Future”) is a daily contract on the MSCI Emerging Market NTR USD Index and can be traded with the parent contract as an inter-commodity spread. Clients have choice of trading the Daily Future vs the nearest two quarterly months
Market Specifications
- Trading Screen Product Name
- MSCI Emerging Markets NTR USD Index Daily Future
- Trading Screen Hub Name
- ICUS
- Contract Symbol
- DMY
- Parent Contract
- MSCI Emerging Market NTR USD Future contract (MMN)
- Contract Size
- $100 times the MSCI Emerging Market NTR USD 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
- 0.100 Index Points ($10 per contract) for outright trades and 0.020 Index Points ($2 per contract) for spread trades; BIC trades can be done at .001 Index Points.
- 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 Emerging Market NTR USD 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
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 8:00 PM - 6:00 PM* 20:00 - 18:00 | 7:30 PM 19:30 |
| LONDON | 1:00 AM - 11:00 PM 01:00 - 23:00 | 12:30 AM 00:30 |
| SINGAPORE | 9:00 AM - 7:00 AM* 09:00 - 07:00 | 8:30 AM 08:30 |
*Next Day
Codes
- Clearing Admin Name
- MSCI EM
- Physical
- DMY
- Logical
- DMY
- GMI (FC)
- ION A.C.N.
- Symbol Code
- DMY