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Description

Cash settled, European style option on the FTSE 100 Index

Market Specifications

Trading Screen Product Name

Mini FTSE 100 Daily Options

Trading Screen Hub Name

ICEU

Contract Symbol

8LX

Contract Size

Contract valued at £1 per index point

Delivery Month

Front 5 days - M,T,W,T,F, Once the Monday has expired this is replaced with the Monday of the following week. Also note we will offer expiries on the 3rd Friday of the month.

Price Quotation

£ per Index points

Minimum price movement (tick size and value)

£0.50 Index point, equal to £0.50 per contract

Last Trading Day

The expiry day in question

Exchange Delivery Settlement Price

The closing auction each day same the weekly options

Block Trade Minimum

500 Contracts

Settlement Date

Settlement day is the first business day after the Last Trading Day.

Exercise Procedure

Al in-the-money options are automatically exercised.

Strike Price Intervals

This is to follow the strike price intervals of the main FTSE 100 Index Options
(3rd Friday expiry)

Daily Settlement Window

16.28-16.30 UK Time

Final Settlement

Closing auction price of underlying index on day in question. Note that this means on any given Friday we will have two FTSE 100 Option contracts expiring 1 - FTSE Daily Option (EDSP is closing auction), FTSE Weekly (FLX EDSP is closing auction) or FTSE Monthly Option (ESX EDSP is intra-day auction)

Position Accountability and Limit Levels

Position Accountability Level, single month – TBD

Position Limit, All Months Combined – TBD

Daily Price Limit

None.

EFP and EFS Enabled

Yes

MIC Code

IFLO

Clearing Venues

ICEU

Related Products

• FTSE 100 Index Options
• FTSE 100 Index Weekly Flex Options
• FTSE 250 Index Options
• mini NYSE FANG+™ INDEX Option

Trading Hours

Codes