CoinDesk Solana Index Futures83049270
ICE Futures U.S.
CoinDesk Solana Index Futures
Description
CoinDesk Solana Futures
Market Specifications
- Trading Screen Product Name
- CoinDesk Solana Index Futures
- Trading Screen Hub Name
- ICUS
- Contract Symbol
- CDS
- Contract Size
- 500 times the CoinDesk Solana Benchmark Reference Rate
- Contract Series
- Monthly contracts listed for 6 consecutive months.
- Price Quotation
- US Dollar and cents
- Tick Size
- 0.05 per Solana, equal to $25:00 per contract
Block and EFRP trades can be done at 0.01 per Solana
- Trading Hours
- 8:00 pm to 6:00 pm (6:00 pm open on Sunday evening)
Preopen starts 30 minutes prior to the start of trading. - Last Trading Day
- Last Friday of the expiration month.
Trading in the expiring contract ceases at 4:00 pm London time on Last Trading Day. - Daily Settlement Window
- 15:59 to 16:00 NY time
- Final Settlement
- Cash settlement to the value of the CoinDesk Solana Benchmark London Settlement Rate on the Last Trading Day for the contract.
- Position Accountability and Limit Levels
- Spot Month Position Limit = 5,000 Contracts
Single Month Position Accountability Level = 10,000
All-Month Position Accountability Level = 75,000 Contracts
- Daily Price Limit
- None
- Block Trade Minimum
- Yes, 5 lot Block Minimum Quantity
- EFP and EFS Enabled
- Yes
- 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
8:00 pm to 6:00 pm (6:00 pm open on Sunday evening) Preopen starts 30 minutes prior to the start of trading.
Codes
- Clearing Admin Name
- DA Indices USD
- Physical
- CDS
- Logical
- CDS
- GMI (FC)
- ION A.C.N.
- Symbol Code
- CDS