Markit iBoxx EUR Liquid High Yield

ICE OTC

Markit ® iBoxx® EUR Liquid High Yield

Total Return Swap referencing the Markit iBoxx EUR Liquid high Yield index.

Rule Number: 1246
Contract Symbol: IBOXX EUR LIQ HY Corp
Currency: USD
Min Notional: Order Book: 5,000,000
Block Trades: In accordance with Rule 701(k)
All other execution methods: As agreed by counterparties
Max Notional: Order Book: 100,000,000
All other execution methods: As agreed by counterparties
Min Notional Increment: Order Book: 5,000,000
All other execution methods: As agreed by counterparties
Contract Series: March, June, September and December; up to 16 months listed at all times
Price Quotation: Basis Points
Minimum Price Fluctuation: 0.125 basis points
First Trading Day: Date of contract listing
Last Trading Day: 20th calendar day of the Contract Month.
Position Limit: None
Daily Price Limit: None
Off Exchange Trade Types: Yes
NCR and RL: Variable by contract type and price. See Error Trade Policy for more details.
MIC Code: ICES
Clearing Venues: Bilateral