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ICE Markets Expiry Calendar

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FTSE 100 Dividend - Stnd Index Future38716767
ICE Futures Europe

FTSE 100 Dividend - Stnd Index Future

Description

The FTSE 100 Dividend - Stnd Index Futures are cash settled upon expiration.

The FTSE 100 Dividend Index represents the cumulative value of ordinary cash dividends paid by the individual constituents of the underlying FTSE 100 Index, calculated on the ex dividend (xd) date and expressed in terms of index points. All dividends are as declared by companies and no withholding tax adjustments are made.

Market Specifications

Trading Screen Product Name
FTSE 100 Dividend - Stnd Index Future
Trading Screen Hub Name
ICEU
Contract Symbol
XZ
Unit of Trading
Contract Valued at £10 per index point (e.g. value £2,400 at 240.0)
Delivery Months
Seven annual expiries in the December cycle
Settlement Date
The Market day following the day on which the EDSP is published
Quotation
Index points (eg 240.0)
Minimum price movement (tick size and value)
0.1 (£1.00)
Last Trading Day
Business day immediately preceding the third Friday in the delivery month.

Trading in the expiring contract ceases at 16:30 (London time) on Last Trading Day.
Exchange Delivery Settlement Price
The EDSP is the official closing value of the FTSE 100 Dividend Index on the third Friday of the delivery month.
Algorithm
Price-time trading algorithm with priority given to the first order at the best price.
Block Trade Minimum
500
Off Exchange Trade Types
Yes
Final Settlement
Cash settlement based on the Exchange Delivery Settlement Price.
MIC Code
IFLL
Clearing Venues
ICEU

Trading Hours

CityTradingPre-Open
New York3:00 AM - 11:30 AM
03:00 - 11:30
1:03 AM
01:03
London8:00 AM - 4:30 PM
08:00 - 16:30
6:03 AM
06:03
Singapore3:00 PM - 11:30 PM
15:00 - 23:30
1:03 PM
13:03

Codes

Clearing Admin Name
FTSE Fut UNRSTD
Physical
XZ
Logical
XZ
Symbol Code
XZ