Description

Long Gilt Futures TAS (Trade-at-Settlement) allows a trader to enter an order to buy or sell an eligible Long Gilt Futures contract during the course of the trading day at a price that will be equal to the settlement price for a specific contract month, or at a price that is up to five minimum price fluctuations above or below the settlement price.

Market Specifications

Trading Screen Product Name

Long Gilt TAS

Trading Screen Hub Name

ICEU

Commodity Code

R

Contract Size

£100,000 nominal value notional Gilt with 4% coupon 

Price Quotation

0.01 (£10)

Contract Series

Front two months of Long Gilt Futures

Minimum Price Fluctuation

0.01 (£10)

Last Trading Day

Three business days prior to the last business day in the delivery month.

MIC Code

IFLL

Clearing Venues

ICEU