- Trading Screen Product Name
- FTSE 100 - Total Return Future
- Trading Screen Hub Name
- ICEU
- Underlying Index
FTSE 100 Index (UKX)
FTSE 100 Cumulative Dividend Points Index (UKXCD)
Sterling Overnight Index Average (SONIA)
- Contract Symbol
FWX
- Contract Size
£10 per index point
- Price Quotation
TRF spread as annualized rate expressed in basis points (+/-)
- Minimum Price Fluctuation
+/- 0.5 basis points - Screen Trading
+/- 0.01 basis points - Block Trading
- Other Information
TRF Spread will be converted into TRF futures price in index
points. Conversion formula can be found in the rule book.
- Accrued Distributions
The distribution and funding rate payments will be accumulated from
the product launch date and added to the TRF futures price in index
points. The daily changes in distributions and funding payments are
paid out via variation margin.
- Minimum Price Fluctuation
0.01 Index points (tick value: GBP 0.10)
- Last Trading Day
16:30 London time on the trading day immediately preceding the
Expiration Day
- Expiration Date
Third Friday in expiry month. In the event of the third Friday not
being a business day, the expiration day shall normally be the last
business day preceding the third Friday.
- Exchange Delivery Settlement Price
Based on the FTSE100 Index Futures EDSP, Accrued distributions and
Accrued funding.
- Contract Series
Out to nine years and eleven months:
Nearest 12 quarterly months of the March, June, September and
December cycle, and subsequent 7 annual December expiries
- Final Settlement
Cash settlement based on EDSP
- Markers
Trade-at-Close (TAC) - index level based on index close
Trade-at-Market (TAM) - index level predetermined by user
Trade at Close (TAC) - HBCA
Trade at Market (TAM) - HBAA
- Trading Hours
CLOB (TAC): 09:15 - 16:30 London time
Block (TAC & TAM): 09:15 - 21:00 London time
- Settlement Date
First business day after the expiry day
- Block Trade Minimum
50 lots
- MIC Code
- IFLL
- Clearing Venues
- ICEU