Meggitt Plc

Physically Delivered Option Contract on UK Single Equities
Additional flexible products may be available for this equity. Please see ICEBlock Only contracts here.
Meggitt Plc 	Meggitt Plc 	Meggitt Plc 	Meggitt Plc
Trading Screen Product Name	Meggitt 	Meggitt 	Meggitt
Trading Screen Hub Name 	ICEU 	ICEU 	ICEU
Contract Symbol 	MGG 	MGG 	MGG
Unit of Trading 	One option normally equals rights over 1000 shares. Due to corporate action contract adjustments some equity options series may have a non-standard contract size. Details of non-standard contract sizes can be found here.	One option normally equals rights over 1000 shares. Due to corporate action contract adjustments some equity options series may have a non-standard contract size. Details of non-standard contract sizes can be found here.	One option normally equals rights over 1000 shares. Due to corporate action contract adjustments some equity options series may have a non-standard contract size. Details of non-standard contract sizes can be found here.
Quotation 	Pence per share 	Pence per share 	Pence per share
Minimum Price Fluctuation 	0.25 pence per share / £2.50 	0.25 pence per share / £2.50 	0.25 pence per share / £2.50
Last Trading Day 	16:30 London Time. Third Friday in expiry month
*In the event that this day is not a business day, then the Last Trading Day shall normally be the preceding full business day 	16:30 London Time. Third Friday in expiry month
*In the event that this day is not a business day, then the Last Trading Day shall normally be the preceding full business day 	16:30 London Time. Third Friday in expiry month
*In the event that this day is not a business day, then the Last Trading Day shall normally be the preceding full business 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 	250 contracts
Block Trades can be reported up to 17:30 London time on any business day other than the Last Trading Day 	250 contracts
Block Trades can be reported up to 17:30 London time on any business day other than the Last Trading Day 	250 contracts
Block Trades can be reported up to 17:30 London time on any business day other than the Last Trading Day
Exercise 	Exercise by 18:30 London time on any business day 	Exercise by 18:30 London time on any business day 	Exercise by 18:30 London time on any business day
Delivery Months 	Target Group Options* - Serial months out to two years. Longer dated expiries beyond two years with a maximum expiry of five years are available on ICE Block only.
Non Target Group Options* - Serial months out to one year. Longer dated expiries beyond one year with a maximum expiry of five years are available on ICE Block only.
*A list of Target Group and Non Target Options can be found here.	Target Group Options* - Serial months out to two years. Longer dated expiries beyond two years with a maximum expiry of five years are available on ICE Block only.
Non Target Group Options* - Serial months out to one year. Longer dated expiries beyond one year with a maximum expiry of five years are available on ICE Block only.
*A list of Target Group and Non Target Options can be found here.	Target Group Options* - Serial months out to two years. Longer dated expiries beyond two years with a maximum expiry of five years are available on ICE Block only.
Non Target Group Options* - Serial months out to one year. Longer dated expiries beyond one year with a maximum expiry of five years are available on ICE Block only.
*A list of Target Group and Non Target Options can be found here.
Settlement Date 	Settlement Date is two business days following the day of exercise/Last Trading Day. 	Settlement Date is two business days following the day of exercise/Last Trading Day. 	Settlement Date is two business days following the day of exercise/Last Trading Day.
Deliverable Specifications 	Delivery will be 1,000 shares (or other such number of shares as determined by the terms of the contract). 	Delivery will be 1,000 shares (or other such number of shares as determined by the terms of the contract). 	Delivery will be 1,000 shares (or other such number of shares as determined by the terms of the contract).
Option Premium 	Payable in full by the buyer on the business day following a transaction. 	Payable in full by the buyer on the business day following a transaction. 	Payable in full by the buyer on the business day following a transaction.
Additional Information 	In the United States these products may only be offered and sold to prescribed entities under specified conditions. 	In the United States these products may only be offered and sold to prescribed entities under specified conditions. 	In the United States these products may only be offered and sold to prescribed entities under specified conditions.
Stock Exchange 	London Stock Exchange 	London Stock Exchange 	London Stock Exchange
MIC Code 	IFLO 	IFLO 	IFLO
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	3:00 AM - 11:30 AM
03:00 - 11:30 	None
Trading Hours 	LONDON 	8:00 AM - 4:30 PM
08:00 - 16:30 	None
Trading Hours 	SINGAPORE 	3:00 PM - 11:30 PM
15:00 - 23:30 	None
Codes 	Clearing Admin Name 	LSE Master 	LSE Master
Codes 	Physical 	MGG 	MGG
Codes 	Logical 	MGG 	MGG
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:Futures Contracts Traded on ICE
Category:Futures Data in Template