MSCI Emerging Market Latin America NTR Index Daily Future82723845
ICE Futures U.S.
MSCI Emerging Market Latin America NTR Index Daily Future
Description
The Emerging Market Latin America NTR Index Daily Future (“Daily Future”) is a daily contract on the MSCI Emerging Market Latin America NTR Index and can be traded with the parent contract as an inter-commodity. Clients have choice of trading the Daily Future vs the nearest two quarterly months
Market Specifications
- Trading Screen Product Name
- MSCI EM Latin Amer Index NTR Daily Future
- Trading Screen Hub Name
- ICUS
- Contract Symbol
- DMW
- Parent Contract
- MSCI Emerging Market Latin America NTR Index Future contract (MML)
- Contract Size
- $100 times the MSCI Emerging Market Latin America NTR 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 - 0.050 Index points, equal to $5.00 per contract
Blocks - 0.001 Index points, equal to $0.10 per contract
Spreads - 0.020 Index points, equal to $ 2.00 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 Emerging Market Latin America NTR 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
- DMW
- Logical
- DMW
- GMI (FC)
- ION A.C.N.
- Symbol Code
- DMW