ICE Micro MSCI Index Futures

Calculated by MSCI, a leading provider of index solutions serving the world’s institutional investors, the MSCI USA and MSCI Europe Indices are designed to capture the full opportunity set in their respective regions

Key benefits

  • Simple - Standardized futures contracts referencing the barometers for European and U.S. equities. Both contracts are denominated in USD and are available for trading on a single derivatives exchange
  • Capital Efficient - Participants can gain exposure to a notional of ~ US$20,000 in the contracts with minimal upfront deposit (Initial Margin available on Margin Scanning)
  • Liquid and Transparent - Tradable via a transparent orderbook where appointed market makers provide intraday liquidity during Asian trading hours

Contract Specifications

 

micro MSCI USA Index Futures

micro MSCI Europe Index Futures

UNDERLYING INDEX / VARIANT / CURRENCY MSCI USA (Price Return) Index (USD) MSCI Europe (Price Return) Index (USD)
INDEX TICKER MXUS M3EU
CONTRACT SYMBOL SMU SME
INDEX VALUE 4,350 (as of August, 26th 2021) 2,078 (as of August, 26th 2021)
MINIMUM TICK INCREMENT (INDEX PTS) 0.2 / US$1 0.1 / US$1
MULTIPLIER $5 $10
CONTRACT VALUE ~$20,000
DELIVERY MONTHS 5 Quarterly expiries (March, June, September and December cycle)
MINIMUM BLOCK SIZE 50 lots
LAST TRADING DAY

Third Friday of the contract month.
Trading in the expiring contract ceases at 7:00 PM SGT

FINAL SETTLEMENT Cash settlement on the basis of a special calculation of the Index based on the opening prices of the component stocks on the Last Trading Day
TRADING HOURS

Monday to Friday
9:00 AM to 6:00 AM,
preopen at 8:55 AM (all times SGT)

EXCHANGE / CLEARING VENUE ICE Futures Singapore / ICE Clear Singapore
OTHERS

 

PRODUCT SPECS

 

product specS

Source: Intercontinental Exchange


 

To find out more about trading ICE Micro MSCI Index Futures, contact us via:

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This advertisement has not been reviewed by the Monetary Authority of Singapore.

 


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