- Rule Number
1244
- Contract Symbol
Markit CDX.EM.EX-EU
- 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 and September; one or two months listed at all times
- Price Quotation
Index Points
- Minimum Price Fluctuation
The price quotation convention shall be .01 index points; minimum
price fluctuation may vary by trade type.
- Listing Cycle
Tenors of 1 through 10 Years based on liquidity
- Series
All Series, initiated with series 18
- Roll Date
September 20 (or the Business Day immediately thereafter) and March
20 (or the Business Day immediately thereafter) of each calendar
year
- First Trading Day
Date of contract listing
- Last Trading Day
Each index series with a Roll Date of September 20 shall have a
maturity date of December 20 (or the first Business Day thereafter
if December 20 is not a Business Day) occurring up to 10 years
following the Roll Date.
- 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