Mini NYSE® FANG+™ Index Futures

Mini NYSE® FANG+™ Index Futures69790254

Description

Cash-settled futures contract based on the NYSE® FANG+™ Index

Market Specifications

Trading Screen Product Name
Mini FANG+ Index Futures
Trading Screen Hub Name
ICSG
Commodity Code
FNG
Contract Size
One contract = US$10 x Index value
Currency
USD
Price Quotation
Index points, to two decimal places
Minimum Price Fluctuation
.10 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 7:00 PM SGT on Last Trading Day. In all cases, such other date as the Exchange specifies on its website from time to time may apply instead
Contract Security
ICE Clear Singapore acts as the central counterparty for trades conducted on ICE Futures Singapore. This enables it to guarantee the financial performance of every contract registered with it by clearing members up to and including exercise and/or settlement.
Daily Settlement
Price will reference ICE Futures U.S. NYSE® FANG+™ Index Futures.
Daily Margin
All open contracts are marked-to-market daily.
Contract Series
4 contracts in the March, June, September and December cycle
Delivery/Settlement Basis
Cash-settled against the ICE Futures U.S. NYSE® FANG+™ Index Futures final settlement price as published by ICE Futures U.S. on the last trading day for the expiry month.
Business Days
ICE Futures US business days
Trading Hours
Singapore** Trading 8:00 AM to 6:00 AM* Pre Open7:30 AM
London Trading 1:00 AM to 11:00 PM* Pre Open 12:30 AM
New York Trading 8:00 PM to 6:00 PM* Pre Open 7:30 PM

Trading begins on Monday morning at 6:00 AM** SGT. The Monday pre-open is 5:30 AM** SGT.
*Next day
**Subject to local Daylight Savings Time
These hours are subject to change in accordance with Exchange Rule A.8(a).
Other Information
NYSE® FANG+™ is an index providing exposure to a select group of highly-traded growth stocks of next generation technology and tech-enabled companies. The futures contract on the index is designed to offer the ability to gain or reduce exposure to this key group of growth stocks in a capital efficient manner
Notice
NYSE® and FANG+™ are trade marks of ICE Data Indices, LLC or its affiliates (“ICE Data”) and have been licensed for use together with the NYSE® FANG+™ Index (the “Index”) by ICE Futures Singapore in connection with this contract. The contract is not sponsored, endorsed, sold or promoted by ICE Data. ICE Data makes no representations or warranties regarding the advisability of investing in securities or futures contracts, and any such investment based upon the performance of the Index particularly, or the ability of the Index to track general stock market performance.

ICE Data makes no express or implied warranties, and hereby expressly disclaims all warranties of merchantability or fitness for a particular purpose with respect to the Index or any data included therein. In no event shall ICE Data have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
MIC Code
IFSG
Clearing Venues
ICSG

Trading Hours

CityTradingPre-Open
New York8:00 PM - 6:00 PM*
20:00 - 18:00
7:30 PM
19:30
London1:00 AM - 11:00 PM*
01:00 - 23:00
12:30 AM
00:30
Singapore9:00 AM - 7:00 AM*
09:00 - 07:00
8:30 AM
08:30

*Next Day

Trading begins on Monday morning at 7:00 AM** SGT. The Monday pre-open is 6:30 AM** SGT.

Codes

Clearing Admin Name
FANG+ Mini
Physical
FNG
Logical
FNG
GMI(FC)
R&N A.C.N.