- Trading Screen Product Name
- MSCI Emerging Markets Index Futures
- Trading Screen Hub Name
- Contract Size
$50 times the Index
- Contract Months
Quarterly Cycle Options: March/June/September/December cycle Serial
Options: January/February/April/May/July/August/ October/November.
For serial options, the futures contract underlying the option is
the next quarterly futures contract. Four months in the Quarterly
Cycle and three Serial Months will be listed at all times.
- Price Quotation
Index points to two decimal places.
- Tick Size
Premiums are quoted in points. A premium of 1.00 equals $50.
Minimum price fluctuations (tick size) shall be .10 (equivalent to
$5.00 per contract).
- Last Trading Day
Third Friday of the expiration month. Trading in the expiring
contract ceases at 4:15pm ET time on Last Trading Day.
- Trading Halt
Trading in options will cease at such time as trading in the
underlying futures contract shall cease pursuant to Rule 19.06 and
will resume when trading resumes in the underlying futures contract
pursuant to Rule 19.06.
- Daily Price Limit
- Trading Hours
8:00 pm to 6:00 pm (ET). 6:00 pm open on Sunday evening.
- Block Trades
50 contract minimum.
Option exercise results in a position in the underlying futures
contract. Options which are in-the-money on the last day of trading
are automatically exercised.
- Strike Price
Strike prices will be listed in 5 index point intervals. The
Exchange will always list a minimum of 10 strike prices above and
below the at-the-money strike for any given option month.
- Exercise Method
- MIC Code
- Clearing Venues