Your browser is unsupported

Please visit this URL to review a list of supported browsers.

ICE Futures U.S.

Dollar Based Currency Pairs Turkish Lira/Us Dollar

Description

ICE Futures U.S. lists futures contracts on most key currency pairs, including U.S. Dollar-based, Euro-based and other cross rate pairs. These futures contracts are listed on the ICE electronic trading platform, alongside futures and options contracts on the ICE U.S. Dollar Index

Market Specifications

Trading Screen Product Name
TRY/USD
Trading Screen Hub Name
NYCC
Contract Series
Four months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Trading Hours
Electronic trading on Sundays from 6:00 PM to 5:00 PM ET on Monday; Monday - Friday: 8:00 PM to 5:00 PM ET, except on Friday, when trading closes at 5:00 PM ET and reopens at 6:00 PM ET Sunday
Contract Symbol
TRM
Contract Size
500,000 Turkish lira
Price Quotation
U.S dollars per Turkish lira to five decimal places
Minimum Price Fluctuation
For Block Trades, EFRP trades and screen traded calendar spread trades: .00001 or 5 U.S. dollar per contract.
For screen traded outright trades: .00005 or 25 U.S. dollar per contract.
Last Trading Day
10:16 a.m. Eastern Time (ET) on the second business day immediately preceding the third Wednesday of the contract month
Final Settlement
The settlement price for the expiring TRY/USD futures contract is determined at 10:16 AM Eastern Time (ET) on the last day of trading.
Settlement Method
Physical Delivery
Block Trade Minimum
Information about Block Trades, including the Minimum Quantity, can be found here.
Position Limit
Spot Month: 2,000 contracts (in effect for the last 5 trading days); all other months, a position accountability level of 6,000 contracts across all contract months
MIC Code
IFUS
Clearing Venues
ICUS

Trading Hours

CityTradingPre-Open
New York8:00 PM - 5:00 PM*
20:00 - 17:00
7:30 PM
19:30
London12:00 AM - 9:00 PM*
00:00 - 21:00
11:30 PM
23:30
Singapore8:00 AM - 5:00 AM*
08:00 - 05:00
7:30 AM
07:30

*Next Day

**Sunday evening trading opens at 6:00 pm Eastern

Codes

Clearing Admin Name
FOREX
Physical
TRM
Logical
TRM
GMI (FC)
AL
ION A.C.N.
Symbol Code
TRM