- 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 value of the FTSE 100 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day.
- 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