- Trading Screen Product Name
- Micro FANG+ Index Futures
- Trading Screen Hub Name
- ICUS
- Commodity Code
FNG
- Contract Size
$5 times the NYSE FANG+ Index
- Contract Series
4 contracts in the March, June, September and December cycle
- Price Quotation
Index points, to two decimal places
- Tick Size
.20 Index points, equal to $1.00 per contract;
calendar spread trades may be executed at .05 index point
increments.
(Block Trades can be done at .01 Index points)
- Last Trading Day
Third Friday of the expiration month. Trading in the expiring
contract ceases at 9:30 am NY time on Last Trading Day.
- Daily Settlement
15:59 to 16:00 NY time
- Final Settlement
Cash settlement to a special calculation of the NYSE FANG+ Index
(Price Return version) based on the opening prices of the component
stocks on the Last Trading Day for the contract.
- Position Limit
Position Accountability Level - 20,000 lots in any month
Position Limit - 100,000 lots in all months combined
- Daily Price Limit
None.
- Off Exchange Trade Types
EFP, EFS, Block Trade
- Block Trade Minimum
20 lot Block Minimum Quantity
- IPL Levels
IPL Amount: 4000 Index Points
Recalc Time and Hold Period: 5 seconds
- NCR and RL
NCR 6.00; RL 15.00; CSLOR 4.00 Index Points
- Fees
- MIC Code
- IFUS
- Clearing Venues
- ICUS