ICE Futures Europe One Month SOFR Index

Cash settled future based on the average daily Secured Over Night Financing Rate (SOFR) index of the delivery month.
== Contract Specs ==
Futures Europe One Month SOFR Index Future	Futures Europe One Month SOFR Index Future 	Futures Europe One Month SOFR Index Future 	Futures Europe One Month SOFR Index Future
Trading Screen Product Name 	One Month SOFR Future 	One Month SOFR Future 	One Month SOFR Future
Trading Screen Hub Name 	ICEU 	ICEU 	ICEU
Contract Symbol 	SF1 	SF1 	SF1
Unit of Trading 	$10,000 * Rate Index 	$10,000 * Rate Index 	$10,000 * Rate Index
Delivery Date 	One business days after the Last Trading Day 	One business days after the Last Trading Day 	One business days after the Last Trading Day
Delivery Months 	A maximum of twenty four consecutive delivery months will be available for trading 	A maximum of twenty four consecutive delivery months will be available for trading 	A maximum of twenty four consecutive delivery months will be available for trading
Quotation 	100.00 minus the numerical value of the rate of interest 	100.00 minus the numerical value of the rate of interest 	100.00 minus the numerical value of the rate of interest
Minimum Price Fluctuation 	0.0025 ($25.00) 	0.0025 ($25.00) 	0.0025 ($25.00)
Last Trading Day 	The Last business day of the contract month at 17:00 (New York time) 	The Last business day of the contract month at 17:00 (New York time) 	The Last business day of the contract month at 17:00 (New York time)
Exchange Delivery Settlement Price 	Based on SOFR (Secured Over Night Rate) as calculated and published by the New York Federal Reserve Bank each business day.
In respect of final settlement, the EDSP Rate will be an interest rate expressed in percent, based on the monthly average SOFR rate for the delivery month. Where the EDSP Rate is not an exact multiple of 0.00001, it will be rounded to the nearest 0.00001 or, where the EDSP Rate is an exact uneven multiple of 0.000005, to the nearest lower 0.00001. The EDSP shall be determined as 100 minus the EDSP Rate, rounded as described above	Based on SOFR (Secured Over Night Rate) as calculated and published by the New York Federal Reserve Bank each business day.
In respect of final settlement, the EDSP Rate will be an interest rate expressed in percent, based on the monthly average SOFR rate for the delivery month. Where the EDSP Rate is not an exact multiple of 0.00001, it will be rounded to the nearest 0.00001 or, where the EDSP Rate is an exact uneven multiple of 0.000005, to the nearest lower 0.00001. The EDSP shall be determined as 100 minus the EDSP Rate, rounded as described above	Based on SOFR (Secured Over Night Rate) as calculated and published by the New York Federal Reserve Bank each business day.
In respect of final settlement, the EDSP Rate will be an interest rate expressed in percent, based on the monthly average SOFR rate for the delivery month. Where the EDSP Rate is not an exact multiple of 0.00001, it will be rounded to the nearest 0.00001 or, where the EDSP Rate is an exact uneven multiple of 0.000005, to the nearest lower 0.00001. The EDSP shall be determined as 100 minus the EDSP Rate, rounded as described above
Effective Date 	Publication is as soon as reasonably practicable after 08:00 AM NY on the business day following the Last Trading Day 	Publication is as soon as reasonably practicable after 08:00 AM NY on the business day following the Last Trading Day 	Publication is as soon as reasonably practicable after 08:00 AM NY on the business day following the Last Trading Day
Algorithm 	Central order book applies a first in first out (FIFO) matching algorithm. 	Central order book applies a first in first out (FIFO) matching algorithm. 	Central order book applies a first in first out (FIFO) matching algorithm.
Off Exchange Trade Types 	Block Trading, Basis Trading, Asset Allocation 	Block Trading, Basis Trading, Asset Allocation 	Block Trading, Basis Trading, Asset Allocation
Contract Standard 	Cash settlement based on the Exchange Delivery Settlement Price. 	Cash settlement based on the Exchange Delivery Settlement Price. 	Cash settlement based on the Exchange Delivery Settlement Price.
Trading Hours 	07:45pm to 5:00pm (New York Local Time) 	07:45pm to 5:00pm (New York Local Time) 	07:45pm to 5:00pm (New York Local Time)
Disclaimer 	The use of SOFR does not imply or suggest any approval or endorsement by the benchmark provider of the product listed by ICE Futures Europe	The use of SOFR does not imply or suggest any approval or endorsement by the benchmark provider of the product listed by ICE Futures Europe	The use of SOFR does not imply or suggest any approval or endorsement by the benchmark provider of the product listed by ICE Futures Europe
MIC Code 	IFLL 	IFLL 	IFLL
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	7:45 PM - 5:00 PM
19:45 - 17:00 	7:30 PM
19:30
Trading Hours 	LONDON 	12:45 AM - 10:00 PM
00:45 - 22:00 	12:30 AM
00:30
Trading Hours 	SINGAPORE 	7:45 AM - 5:00 AM
07:45 - 05:00 	7:30 AM
07:30
Codes 	Clearing Admin Name 	SOFR 1Month 	SOFR 1Month
Codes 	Physical 	SF1 	SF1
Codes 	Logical 	SF1 	SF1
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
== Notes ==
== References ==
== Resources ==
Category:Sponsored Pages
Category:Sponsored Pages - ICE
Category:Reserved Pages
Category:Reserved Pages - ICE
Category:Futures Contracts Traded on ICE
Category:Futures Data in Template
Category:Interest Rates