- Trading Screen Product Name
- Eurodollar Futures
- Trading Screen Hub Name
- ICEU
- Commodity Code
ED
- Contract Series
Mar, Jun, Sep and Dec quarterly expirations extending out 5-years
and 1 additional quarterly expiration (21 quarterly expirations),
plus the two (2) nearest serial monthly expirations (months that
are not in the Mar, Jun, Sep, Dec quarterly cycle).
- Trading Hours
7:45pm – 5:00pm Eastern (New York) Time, Sunday –
Friday. Market pre-open at 7:30pm ET, Sunday – Friday.
- Last Trading Day
The second London bank business day prior to the third Wednesday of
the contract expiry month, at 11:00am London time.
- Contract Size
$2,500 * Rate Index
- Currency
US Dollars and cents
- Trading Price Quotation
100 minus the numerical value of the rate index
- Tick Size
One-quarter of one basis point (0.0025) or $6.25 per contract.
- Daily Settlement Price Quotation
One-quarter of one basis point (0.0025) or $6.25 per contract.
- Final Settlement Price Quotation
1/100 of one basis point (0.0001) or $0.25 per contract
- Floating Price
In respect of daily settlement, the Floating Price will be
determined by ICE using price data from a number of sources
including spot, forward and derivative markets for both physical
and financial products
- Final Settlement
Expiring contracts are cash settled to 100 minus the ICE Benchmark
Administration survey of 3-month U.S. Dollar LIBOR on the last
trading day. Final settlement will be rounded to four decimal
places, equal to 1/100 of one basis point, or $0.25 per contract.
- Minimum Price Fluctuation
0.0025 ($6.25)
- Final Payment Date
Final settlement occurs on the last trading day of the contract
month.
- Business Days
ICE Clear Europe Business Days
- MIC Code
- IFLL
- Clearing Venues
- ICEU