ICE Futures Europe
| Product Name/Code | Category | Specifications | Minimum Price Fluctuation | Daily Price Limit | More information | |
|---|---|---|---|---|---|---|
|
$ FT-SE100 (FFI) |
Futures | Index × 10 GBP |
0.50 points = 5 GBP RL 30.0, NCR 30.0, IPL 50.0 |
none |
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# Long Gilt (FLG) |
Futures | 100,000 GBP |
0.01 points = 10 GBP RL 0.50, NCR 0.35, IPL 0.50 |
none |
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$ Three Month SONIA Index F ( Limited to specific legal persons) (SO3) |
Futures | 1,000,000 GBP |
0.005 points = £12.50 recent months 0.0025 points = £6.25 RL 0.10, NCR 0.10, IPL 0.20 |
none |
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$ Three Month Euribor Futures (FEI) |
Futures | €1,000,000 |
0.005 points = 12.5 euros RL 0.10, NCR 0.10, IPL 0.20 |
none |
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|
# White Sugar No.5 (LSB) |
Futures | 50 metric tons |
0.1 USD/ton = 5 USD RL 5.0, NCR 5.0, IPL 7.5 |
none |
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# London Cocoa (LCC) |
Futures | 10 metric tons |
£1 per ton = £10 RL 25, NCR 25, IPL 50 |
none |
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$ Brent Crude Oil (B) |
Futures | 1,000 barrels |
1 cent/barrel = 10 USD RL 0.75, NCR 0.50, IPL 1.00 |
none |
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$ WTI Crude Futures (Not open yet) (T) |
Futures | 1,000 barrels |
1 cent/barrel = 10 USD RL 0.75, NCR 0.50, IPL 1.00 |
none |
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# Low Sulphur Gasoil Futures (G) |
Futures | 100 metric tons |
25 cents/ton=25 USD RL 7.50, NCR 5.00, IPL 10.00 |
none |
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For the trading months of options, please refer to the list of Last Trading Day. All of the above are in daylight saving time. For most of U.S., European, and Australian products, trading hours will be delayed by one hour during winter time.
According to the account opening and entrustment contract with our company, physical delivery of foreign futures contracts may not be accepted. Traders are required to close out positions within the timeframe specified by the company. Otherwise, the company reserves the right to offset positions upon expiration.
If electronic closeout is unavailable after the first notice day, please contact the trading desk at +886-2-2755-1326.
For cash-settled products, cash settlement will be executed after the market close on the last trading day in accordance with exchange rules.
Notes:
* The "#" before the product name indicates physical delivery futures or futures options, while the "$" indicates cash-settled futures or spot options.
* Acceptable order types: (Futures) 1. MKT (with protection) after market open, 2. Limit, 3. STP (with protection), 4. STP Limit. (Options) Limit..
*ICE Futures Europe Regulation; ICE Futures Europe Exchange Position and Accountability Levels; Position Management Regime for Soft Commodities.
* To facilitate account processing, orders for metals and stock index futures are only valid until 05:00 without further notice. Additionally, day trading positions will be automatically closed out after 04:45. Customers are advised not to place closing orders after 04:45. Any duplicate orders placed after 04:45 will be the customer's responsibility.
* To trade energy futures during the 05:00–06:00 trading session, clients must place orders via phone. Please contact the trading desk at +886-2-27551326.
*Market with Protection:
1. MKT: Market order in the Index Contracts will not trade outside of 200% of the NCR and any residual volume from an incomplete market order is canceled.
... RL (Reasonability Limits) 、 NCR (No Cancellation Range).. The Exchange will adjust the RL and NCR for each Contract based on market conditions.
2. STP: When a stop market order is triggered, it becomes a Limit order with the price adjusted by the NCR: a Stop Buy adds the NCR, and a Stop Sell subtracts it.
FFI: 70% of NCR, FLG: 60% of NCR, LSB: 75% of NCR, LCC: 60% of NCR, and energy: 100% of NCR.
3. STP Limit: the allowable price range between the stop price and the limit price of a Stop-Limit Order will be restricted to 100% of the NCR for the specified Commodity Contract.
4. Circuit Breakers: The IPL (Interval Price Limits) Recalculation Time continuously resets every 3 seconds. When the platform determines that the next trade will be at a price that is outside the active IPL range, the platform triggers a Hold Period, during which the price of the contract is not permitted to trade outside the IPL range. The length of the Hold Period is 5 seconds (15 seconds for Soft Commodities).
(Reasonability Limits, No Cancellation Range, Interval Price Limits) (Stop with Protection Order: Protection limits).
*(Final Settlement Price) FFI futures and options: 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.
SO3: Published on the next business day after the Last Trading Day, calculated as 100 minus the EDSP Rate , rounded to three decimal places. (Click here for EDSP Rate formula).
FEI: Based on the European Money Markets Institute Euribor Rate (EMMI Euribor) for three month Euro deposits at 10:00 London time on the Last Trading Day. The settlement price will be 100.00 minus the EMMI Euribor Rate rounded to three decimal places.
Brent Crude Futures (B): The Exchange shall publish a cash settlement price (the ICE Brent Index price) on the next trading day following the last trading day for the contract month.
WTI Crude Futures (T): Equal to the penultimate settlement price for WTI crude futures as made public by NYMEX for the month of production. (T expires one day earlier than CL)
*Options: FFI options are European-style options, automatically exercised if in-the-money on the expiration date, and all are settled in cash.
Margin for short option = Market value of premium + MAX ( Initial Margin for Futures / 2, Initial Margin for Futures – Out-of-the-Money Value / 2 )
* Day Trading: Any day trades executed within 30 minutes of the product’s market close will be settled against the initial margin. Clients should refrain from placing closing orders after this period. If a client places a closing order after the 30-minute window and duplicates positions, they will be responsible for any resulting errors. Day trading orders will not be accepted on the last trading day for cash-settled products.
* European Daylight Saving Time (DST) runs from the last Sunday in March to the last Sunday in October.
For detailed information, please refer to the websites of each exchange. This information is for reference only, and any relevant details are subject to exchange announcements. Users are responsible for any losses incurred from trading based on this information.
