MSCI ACWI NTR USD Index Daily Future82723865
ICE Futures U.S.
MSCI ACWI NTR USD Index Daily Future
Description
The MSCI ACWI NTR USD Index Daily Future (“Daily Future”) is a daily contract on the MSCI ACWI 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 ACWI NTR USD Index Daily Future
- Trading Screen Hub Name
- ICUS
- Contract Symbol
- DML
- Parent Contract
- MSCI ACWI NTR USD Index Future contract (MMW)
- Contract Size
- $200 times the MSCI ACWI 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
- Screen - 0.025 Index points, equal to $5.00 per contract
Blocks - 0.001 Index points, equal to $0.20 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 ACWI 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: $0.40 per side
Block and EFRP Trades: $0.60 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 DEV
- Physical
- DML
- Logical
- DML
- GMI (FC)
- ION A.C.N.
- Symbol Code
- DML