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ICE Futures U.S.

MSCI USA Small Cap GTR Index Future

Description

. MSCI USA Small Cap Gross Total Return Index Future

Market Specifications

Trading Screen Product Name
MSCI USA Small Cap GTR Index Futures
Trading Screen Hub Name
ICUS
Contract Size
$100 times the MSCI USA Small Cap GTR Index
Contract Series
5 contracts in the March, June, September and December cycle
Price Quotation
Index Points, to 3 decimal places
Tick Size
.050 Index points, equal to $5.00 per contract;
(Block Trades can be done at .001 Index points)
Last Trading Day
Third Friday of the expiration month. Trading in the expiring contract ceases at 4:15 pm NY time on Last Trading Day.
Contract Symbol
USC
Daily Settlement Window
15:59 to 16:00 NY time
Final Settlement
Cash settlement to the closing value of the MSCI USA Small Cap GTR Index on the Last Trading Day for the contract.
Position Accountability and Limit Levels
Position Accountability Level, single month – 20,000 lots Position Limit, All Months Combined – 100,000 lots (Aggregated with positions in the MSCI USA Small Cap Index Future)
Daily Price Limit
None.
Off Exchange Trade Types
Block: 5 lot Block Minimum Quantity
EFP
EFS
NCR, RL and IPL Levels
NCR TBD;
RL TBD;
CSLOR TBD Index Points
IPL Amount: TBD Index Points. Recalc Time and Hold Period: 5 seconds
Fees
Screen Trades: $1.20 per side
Block and EFRP Trades: $1.75 per side
MIC Code
IFUS
Clearing Venues
ICUS

Trading Hours

CityTradingPre-Open
New York8:00 PM - 6:00 PM*
20:00 - 18:00
7:30 PM
19:30
London1:00 AM - 11:00 PM*
01:00 - 23:00
12:30 AM
00:30
Singapore8:00 AM - 6:00 AM*
08:00 - 06:00
7:30 AM
07:30

*Next Day

Market opens at 6:00pm on Sunday, for Monday’s trade date. Pre-open at 5:30pm Sunday, 7:30pm Monday through Thursday

Codes

Clearing Admin Name
MSCI USA
Physical
USC
Logical
USC
GMI (FC)
ION A.C.N.
Symbol Code
USC