ICE FTSE 250 Index Future

The FTSE 250 Index Futures are cash settled upon expiration.
The FTSE 250 Index represents mid cap stocks traded on the London Stock Exchange (LSE), which pass screening for size and liquidity.
The FTSE 250 Index Options are cash settled upon expiration.
The FTSE 250 Index represents mid cap stocks traded on the London Stock Exchange (LSE), which pass screening for size and liquidity.
FTSE 250 Index Future 	FTSE 250 Index Future 	FTSE 250 Index Future 	FTSE 250 Index Future
Trading Screen Product Name 	FTSE 250 - Stnd Index Future 	FTSE 250 - Stnd Index Future 	FTSE 250 - Stnd Index Future
Trading Screen Hub Name 	ICEU 	ICEU 	ICEU
Contract Symbol 	Y2 	Y2 	Y2
Contract Size 	Contract Valued at £2 per index point (e.g. value £30,000 at 15,000) 	Contract Valued at £2 per index point (e.g. value £30,000 at 15,000) 	Contract Valued at £2 per index point (e.g. value £30,000 at 15,000)
Contract Series 	Four quarterly months in the March, June, September, December quarterly cycle 	Four quarterly months in the March, June, September, December quarterly cycle 	Four quarterly months 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 15,000) 	Index points (eg 15,000) 	Index points (eg 15,000)
Tick Size 	1.0 (£2) for the Central Limit Order Book,
0.5 (£1) for Block Trades 	1.0 (£2) for the Central Limit Order Book,
0.5 (£1) for Block Trades 	1.0 (£2) for the Central Limit Order Book,
0.5 (£1) for Block Trades
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 250 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 250 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 250 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.
Off Exchange Trade Types 	Block Trade
EFP
EFS 	Block Trade
EFP
EFS 	Block Trade
EFP
EFS
Block Trade Minimum 	50 	50 	50
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)
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.
MIC Code 	IFLL 	IFLL 	IFLL
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	2:00 AM - 4:00 PM
02:00 - 16:00 	1:03 AM
01:03
Trading Hours 	LONDON 	7:00 AM - 9:00 PM
07:00 - 21:00 	6:03 AM
06:03
Trading Hours 	SINGAPORE 	2:00 PM - 4:00 AM
14:00 - 04:00 	1:03 PM
13:03
Codes 	Clearing Admin Name 	FTSE Fut UNRSTD 	FTSE Fut UNRSTD
Codes 	Physical 	Y2 	Y2
Codes 	Logical 	Y2 	Y2
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
FTSE 250 Index Options 	FTSE 250 Index Options 	FTSE 250 Index Options 	FTSE 250 Index Options
Trading Screen Product Name 	FTSE 250 Index FLEX Options 	FTSE 250 Index FLEX Options 	FTSE 250 Index FLEX Options
Trading Screen Hub Name 	ICEU 	ICEU 	ICEU
Contract Symbol 	YFS 	YFS 	YFS
Unit of Trading 	Contract Valued at £2 per index point 	Contract Valued at £2 per index point 	Contract Valued at £2 per index point
Contract Series 	Four quarterly months in the March, June, September, December cycle (flexible expiries available on ICE Block) 	Four quarterly months in the March, June, September, December cycle (flexible expiries available on ICE Block) 	Four quarterly months in the March, June, September, December cycle (flexible expiries available on ICE Block)
Price Quotation 	Index points 	Index points 	Index points
Tick Size 	0.5 (£1) 	0.5 (£1) 	0.5 (£1)
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.
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.
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.
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 	For Quarterly expiries - the value of the FTSE 250 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. (For flexible expiries please reference the ICE Contract Rules	For Quarterly expiries - the value of the FTSE 250 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. (For flexible expiries please reference the ICE Contract Rules	For Quarterly expiries - the value of the FTSE 250 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. (For flexible expiries please reference the ICE Contract Rules
Trading Methods 	WebICE and ICE Block 	WebICE and ICE Block 	WebICE and ICE Block
Off Exchange Trade Types 	Yes 	Yes 	Yes
Block Trade Minimum 	250 	250 	250
Exercise 	Exercise by 18:30 on the Last Trading Day only
The Exercise Prices are in intervals of 50 index points
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 strike introduction policy.	Exercise by 18:30 on the Last Trading Day only
The Exercise Prices are in intervals of 50 index points
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 strike introduction policy.	Exercise by 18:30 on the Last Trading Day only
The Exercise Prices are in intervals of 50 index points
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 strike introduction policy.
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.
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 	YFS 	YFS
Codes 	Logical 	YFS 	YFS
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