- Trading Screen Product Name
- FANG+ Index Futures
- Trading Screen Hub Name
- Contract Size
$50 times the NYSE FANG+ Index
- Contract Months
4 contracts in the March, June, September and December cycle
- Price Quotation
Index points, to two decimal places
- Tick Size
.10 Index points, equal to $5.00 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
16:14 to 16:15 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 Accountability
Position Accountability Level - 20,000 lots in any month.
- Position Limit
Position Limit - 100,000 lots in all months combined.
- Daily Price Limit
- Block Trades
Yes, 20 lot Block Minimum Quantity
- EFPs and EFSs
- IPL Levels
IPL Amount: 2000 Index Points
Recalc Time and Hold Period: 5 seconds
- NCR and RL
NCR 3.00; RL 7.50; CSLOR 2.00 Index Points
- Exchange Fees
Screen Trades: $1.00 per side
Block and EFRP Trades: $1.50 per side
- MIC Code
- Clearing Venues