ICE FTSE 100 Index Future

The FTSE 100 Index Futures are cash settled upon expiration.
The FTSE 100 is a market-capitalisation weighted index of UK-listed blue chip companies.
This contracts option is a cash settled, European style option on the FTSE 100 Index. 
FTSE 100 Index Future 	FTSE 100 Index Future 	FTSE 100 Index Future 	FTSE 100 Index Future
Trading Screen Product Name 	FTSE 100 - Stnd Index Future 	FTSE 100 - Stnd Index Future 	FTSE 100 - Stnd Index Future
Trading Screen Hub Name 	ICEU 	ICEU 	ICEU
Contract Symbol 	Z 	Z 	Z
Unit of Trading 	Contract Valued at £10 per index point (e.g. value £65,000 at 6,500.0) 	Contract Valued at £10 per index point (e.g. value £65,000 at 6,500.0) 	Contract Valued at £10 per index point (e.g. value £65,000 at 6,500.0)
Delivery Months 	Four quarterly months from in the March, June, September, December quarterly cycle 	Four quarterly months from in the March, June, September, December quarterly cycle 	Four quarterly months from in the March, June, September, December quarterly cycle
Settlement Date 	First business day after the Last Trading Day 	First business day after the Last Trading Day 	First business day after the Last Trading Day
Quotation 	Index points (eg 6500.0) 	Index points (eg 6500.0) 	Index points (eg 6500.0)
Minimum price movement (tick size and value)	0.5 (£5.00) 	0.5 (£5.00) 	0.5 (£5.00)
Last Trading Day 	Third Friday in delivery month, Trading shall cease as soon as reasonably practicable after 10:15 (London time) once the Expiry Value of the Index has been determined.
Please refer to London Notice LON2693 for more information.
In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.	Third Friday in delivery month, Trading shall cease as soon as reasonably practicable after 10:15 (London time) once the Expiry Value of the Index has been determined.
Please refer to London Notice LON2693 for more information.
In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.	Third Friday in delivery month, Trading shall cease as soon as reasonably practicable after 10:15 (London time) once the Expiry Value of the Index has been determined.
Please refer to London Notice LON2693 for more information.
In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.
Exchange Delivery Settlement Price 	The value of the FTSE 100 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day.	The value of the FTSE 100 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day.	The value of the FTSE 100 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day.
Algorithm 	Price-time trading algorithm with priority given to the first order at the best price. 	Price-time trading algorithm with priority given to the first order at the best price. 	Price-time trading algorithm with priority given to the first order at the best price.
Block Trade Minimum 	500 	500 	500
Off Exchange Trade Types 	Yes 	Yes 	Yes
NCR, RL and IPL Levels 	NCR: 30.0;
RL: 30.0;
IPL: 50.0, 3 second recalculation and 5 second hold periods
To access NCR documentation click here 	NCR: 30.0;
RL: 30.0;
IPL: 50.0, 3 second recalculation and 5 second hold periods
To access NCR documentation click here 	NCR: 30.0;
RL: 30.0;
IPL: 50.0, 3 second recalculation and 5 second hold periods
To access NCR documentation click here
Final Settlement 	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.
Markers 	TIC(Trade at Index Close) 	TIC(Trade at Index Close) 	TIC(Trade at Index Close)
MIC Code 	IFLL 	IFLL 	IFLL
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	8:00 PM - 4:00 PM
20:00 - 16:00 	7:45 PM
19:45
Trading Hours 	LONDON 	1:00 AM - 9:00 PM
01:00 - 21:00 	12:45 AM
00:45
Trading Hours 	SINGAPORE 	8:00 AM - 4:00 AM
08:00 - 04:00 	7:45 AM
07:45
Codes 	Clearing Admin Name 	FTSE Fut UNRSTD 	FTSE Fut UNRSTD
Codes 	Physical 	Z 	Z
Codes 	Logical 	Z 	Z
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
FTSE 100 Index Options 	FTSE 100 Index Options 	FTSE 100 Index Options 	FTSE 100 Index Options
Trading Screen Product Name 	FTSE 100 Index (ESX) STND OPT 	FTSE 100 Index (ESX) STND OPT 	FTSE 100 Index (ESX) STND OPT
Trading Screen Hub Name 	ICEU 	ICEU 	ICEU
Contract Symbol 	ESX 	ESX 	ESX
Unit of Trading 	Contract valued at £10 per index point (eg value £65,000 at 6500.0). 	Contract valued at £10 per index point (eg value £65,000 at 6500.0). 	Contract valued at £10 per index point (eg value £65,000 at 6500.0).
Delivery Months 	Serial months out to two years. Longer dated expiries beyond two years with a maximum expiry of ten and a half years are available on ICE Block only 	Serial months out to two years. Longer dated expiries beyond two years with a maximum expiry of ten and a half years are available on ICE Block only 	Serial months out to two years. Longer dated expiries beyond two years with a maximum expiry of ten and a half years are available on ICE Block only
Quotation 	Index points (e.g. 6500). 	Index points (e.g. 6500). 	Index points (e.g. 6500).
Minimum price movement (tick size and value)	0.5 (£5.00) 	0.5 (£5.00) 	0.5 (£5.00)
Last Trading Day 	Third Friday in delivery month, Trading shall cease as soon as reasonably practicable after 10:15 (London time) once the Expiry Value of the Index has been determined.
Please refer to London Notice LON2693 for more information.
In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.	Third Friday in delivery month, Trading shall cease as soon as reasonably practicable after 10:15 (London time) once the Expiry Value of the Index has been determined.
Please refer to London Notice LON2693 for more information.
In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.	Third Friday in delivery month, Trading shall cease as soon as reasonably practicable after 10:15 (London time) once the Expiry Value of the Index has been determined.
Please refer to London Notice LON2693 for more information.
In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.
Exchange Delivery Settlement Price 	The value of the FTSE 100 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day. 	The value of the FTSE 100 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day. 	The value of the FTSE 100 Index is calculated by FTSE International with reference to the outcome of the EDSP intra-day auction at the London Stock Exchange carried out on the Last Trading Day.
Block Trade Minimum 	500 Contracts 	500 Contracts 	500 Contracts
Exercise 	Exercise by 18:30 on the Last Trading Day only.
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike. The Exercise Prices may be in intervals of 25, 50, 100 or 200 index points. LON3260
A price established on the trading day will used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the strike introduction policy. Minimum Strike Price Intervals for FTSE 100 Index Options	Exercise by 18:30 on the Last Trading Day only.
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike. The Exercise Prices may be in intervals of 25, 50, 100 or 200 index points. LON3260
A price established on the trading day will used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the strike introduction policy. Minimum Strike Price Intervals for FTSE 100 Index Options	Exercise by 18:30 on the Last Trading Day only.
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike. The Exercise Prices may be in intervals of 25, 50, 100 or 200 index points. LON3260
A price established on the trading day will used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the strike introduction policy. Minimum Strike Price Intervals for FTSE 100 Index Options
Settlement Date 	Settlement day is the first business day after the Last Trading Day. 	Settlement day is the first business day after the Last Trading Day. 	Settlement day is the first business day after the Last Trading Day.
Matching Algorithm 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price. 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price. 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price.
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.
Option Premium 	Is payable by the buyer in full on the business day following a transaction. 	Is payable by the buyer in full on the business day following a transaction. 	Is payable by the buyer in full on the business day following a transaction.
Statement in relation to EDSP Formation 	Potential users of the FTSE 100 Index (European-Style Exercise) Options Contracts made available on ICE Futures Europe should familiarize themselves with the relevant Index compilation and calculation procedures, as well as the relevant Contract Rules which can be found here.	Potential users of the FTSE 100 Index (European-Style Exercise) Options Contracts made available on ICE Futures Europe should familiarize themselves with the relevant Index compilation and calculation procedures, as well as the relevant Contract Rules which can be found here.	Potential users of the FTSE 100 Index (European-Style Exercise) Options Contracts made available on ICE Futures Europe should familiarize themselves with the relevant Index compilation and calculation procedures, as well as the relevant Contract Rules which can be found here.
MIC Code 	IFLO 	IFLO 	IFLO
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	3:00 AM - 11:50 AM
03:00 - 11:50 	1:03 AM
01:03
Trading Hours 	LONDON 	8:00 AM - 4:50 PM
08:00 - 16:50 	6:03 AM
06:03
Trading Hours 	SINGAPORE 	3:00 PM - 11:50 PM
15:00 - 23:50 	1:03 PM
13:03
Codes 	Clearing Admin Name 	FTSE Opt 	FTSE Opt
Codes 	Physical 	ESX 	ESX
Codes 	Logical 	ESX 	ESX
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
FTSE 100 Index Weekly Flex Options 	FTSE 100 Index Weekly Flex Options 	FTSE 100 Index Weekly Flex Options 	FTSE 100 Index Weekly Flex Options
Trading Screen Product Name 	FTSE 100 - Euro FLEX Index Opt 	FTSE 100 - Euro FLEX Index Opt 	FTSE 100 - Euro FLEX Index Opt
Trading Screen Hub Name 	ICEU 	ICEU 	ICEU
Unit of Trading 	Contract valued at £10 per index point (eg value £65,000 at 6500.0). 	Contract valued at £10 per index point (eg value £65,000 at 6500.0). 	Contract valued at £10 per index point (eg value £65,000 at 6500.0).
Delivery Months 	Nearest two Friday expiries excluding the Standard 3rd Friday expiry 	Nearest two Friday expiries excluding the Standard 3rd Friday expiry 	Nearest two Friday expiries excluding the Standard 3rd Friday expiry
Quotation 	Index points (e.g. 6500). 	Index points (e.g. 6500). 	Index points (e.g. 6500).
Minimum price movement (tick size and value)	0.5 (£5.00) 	0.5 (£5.00) 	0.5 (£5.00)
Last Trading Day 	Trading shall cease at 4.30pm on the Friday of expiry in question. In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.	Trading shall cease at 4.30pm on the Friday of expiry in question. In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.	Trading shall cease at 4.30pm on the Friday of expiry in question. In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.
Exchange Delivery Settlement Price 	Closing Value of the Index on the Last Trading Day based on the 4.30pm closing cash auction 	Closing Value of the Index on the Last Trading Day based on the 4.30pm closing cash auction 	Closing Value of the Index on the Last Trading Day based on the 4.30pm closing cash auction
Trading Methods 	Web ICE & ICE Block 	Web ICE & ICE Block 	Web ICE & ICE Block
Block Trade Minimum 	500 lots for outright & 1,000 lots for strategies 	500 lots for outright & 1,000 lots for strategies 	500 lots for outright & 1,000 lots for strategies
Exercise 	Exercise by 18:30 on the Last Trading Day only
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike. The Exercise Prices may be in intervals of 25, 50, 100 or 200 index points. LON3260
A price established on the trading day will be used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the the strike introduction policy. LON3259	Exercise by 18:30 on the Last Trading Day only
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike. The Exercise Prices may be in intervals of 25, 50, 100 or 200 index points. LON3260
A price established on the trading day will be used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the the strike introduction policy. LON3259	Exercise by 18:30 on the Last Trading Day only
The interval between Exercise Prices is determined by the lifetime of the expiry month, and its proximity to the at-the-money strike. The Exercise Prices may be in intervals of 25, 50, 100 or 200 index points. LON3260
A price established on the trading day will be used as the reference to determine the introduction of additional series on the next trading day in order to list the minimum number of series as determined by the the strike introduction policy. LON3259
Settlement Date 	Settlement day is the first business day after the Last Trading Day. 	Settlement day is the first business day after the Last Trading Day. 	Settlement day is the first business day after the Last Trading Day.
Matching Algorithm 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price. 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price. 	Central Order Book applies a price time trading algorithm, with priority given to first order at the best price.
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.
Option Premium 	Is payable by the buyer in full on the business day following a transaction. 	Is payable by the buyer in full on the business day following a transaction. 	Is payable by the buyer in full on the business day following a transaction.
MIC Code 	IFLO 	IFLO 	IFLO
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	3:00 AM - 11:50 AM
03:00 - 11:50 	1:03 AM
01:03
Trading Hours 	LONDON 	8:00 AM - 4:50 PM
08:00 - 16:50 	6:03 AM
06:03
Trading Hours 	SINGAPORE 	3:00 PM - 11:50 PM
15:00 - 23:50 	1:03 PM
13:03
Codes 	Clearing Admin Name 	FTSE Opt 	FTSE Opt
Codes 	Physical 	FLX 	FLX
Codes 	Logical 	UKX 	UKX
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
== Notes ==
==References==
Category:Sponsored Pages
Category:Sponsored Pages - ICE
Category:Reserved Pages
Category:Reserved Pages - ICE
Category:FTSE Indices Futures Contracts
Category:Futures Contracts Traded on ICE
Category:Indices Futures Contracts
Category:Futures Data in Template