- Trading Screen Product Name
- FTSE 100 - Flex Euro Index Option
- Trading Screen Hub Name
- Unit of Trading
Contract valued at £10 per index point (eg value
£65,000 at 6500.0).
- Delivery Months
Nearest two Friday expiries excluding the Standard 3rd Friday
Index points (e.g. 6500.0).
- Minimum price movement (tick size and value)
- Last Trading Day
Trading shall cease at 4.30pm on the Friday of expiry in question.
In the event of the third Friday not being a business day, the Last
Trading Day shall normally be the last business day preceding the
- Exchange Delivery Settlement Price
Closing Value of the Index on the Last Trading Day based on the
4.30pm closing cash auction
- Trading Methods
Web ICE & ICE Block
- Block Trade Minimum
500 lots for outright & 1,000 lots for strategies
- Exercise Day
Exercise by 18:30 on the Last Trading Day only
- Settlement Date
Settlement day is the first business day after the Last Trading
- Matching Algorithm
Central Order Book applies a price time trading algorithm, with
priority given to first order at the best price.
- Contract Standard
Cash settlement based on the Exchange Delivery Settlement Price.
- Exercise Price and Exercise Price Intervals
The interval between Exercise Prices is determined by the lifetime
of the expiry month, and its proximity to the at-the-money strike.
The Exercise Prices may be in intervals of 25, 50, 100 or 200 index
- Introduction of New Exercise Prices
A price established on the trading day will be used as the
reference to determine the introduction of additional series on the
next trading day in order to list the minimum number of series as
determined by the the strike introduction policy. LON3259
- Option Premium
Is payable by the buyer in full on the business day following a
- MIC Code
- Clearing Venues