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ICE Futures U.S.

MSCI MarketAxess EUR IG Tradable Corporate Bond Index

Description

MSCI MarketAxess EUR IG Tradable Corporate Bond Index Futures

Market Specifications

Trading Screen Product Name
MSCI MarketAxess EUR IG Tradable Corporate Bond Index Futures
Trading Screen Hub Name
ICUS
Contract Size
€50 times the MSCI MarketAxess EUR IG Tradable Corporate Bond Index (symbol MFTREIGT Index)
Contract Series
The nearest three quarterly contract months in the March, June, September and December cycle.
Price Quotation
Index Points, to 4 decimal places
Tick Size
0.0500 Index Points (€2.50 per contract);

Block Trades can be done at 0.0010 Index Points
Last Trading Day
Third Friday of the contract month. Trading in the expiring contract ceases at 2:15pm NY time on Last Trading Day.
Contract Symbol
Futures Contract Symbol: EIG

Cash Index Symbol: MFTREIGT Index
Daily Settlement Window
3:55-4:00 pm NY time
Final Settlement
Cash settlement to the closing value of the MSCI MarketAxess EUR IG Tradable Corporate Bond Index (symbol MFTRUIGT Index) on the Last Trading Day for the contract.
Position Limit
Position Accountability Level - 5,000 Lots Single Month.

Position Limit - 10,000 lots all Months Combined.
Daily Price Limit
N/A
Block Trade Minimum
5 lot Block Minimum Quantity
Off Exchange Trade Types
Block Trade
EFP
EFS
EFP and EFS Enabled
Yes
IPL Levels
IPL Amount: 12.000 Index Points

Recalc Time and Hold Period: 5 seconds
NCR, RL and CSLOR
NCR 3.000.

RL 10.000.

CSLOR 2.000 index points
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
Bond Indices
Physical
EIG
Logical
EIG
GMI (FC)
ION A.C.N.
Symbol Code
EIG