- Trading Screen Product Name
- Three Month Euroswiss Future
- Trading Screen Hub Name
- ICEU
- Symbol
S
- Unit of Trading
SFr 1,000,000
- Delivery Date
First business day after the Last Trading Day
- Delivery Months
March, June, September, December such that 16 delivery months are
available for trading
- Quotation
100.00 minus rate of interest
- Minimum Price Movement
0.01 (SFr25)
- Last Trading Day
11:00 - Two business days prior to the third Wednesday of the
delivery month
- Exchange Delivery Settlement Price
Based on the ICE Benchmark Administration Limited LIBOR Rate (ICE
LIBOR) for three month Swiss Franc deposits at 11:00 on the Last
Trading Day. The settlement price will be 100.00 minus the Swiss
Franc ICE LIBOR rounded to three decimal places. Where the EDSP
Rate is not an exact multiple of 0.001, it will be rounded to the
nearest 0.001 or, where the EDSP Rate is an exact uneven multiple
of 0.0005, to the nearest lower 0.001 (e.g. a ICE LIBOR of 1.43750
becomes 1.437)
- Algorithm
Central order book applies a gradual time based pro-rata (GTBPR)
matching algorithm with priority given to the first order at the
best price subject to a minimum order size (collar) and limited to
a maximum order size (cap).
- Block Trades
Block Trading, Basis Trading
- Contract Standard
Cash settlement based on the Exchange Delivery Settlement Price.
- Other Information
NOTE: All times are London, unless otherwise stated
- MIC Code
- IFLL
- Clearing Venues
- ICEU
