FTSE 100 Declared Dividend Index Future38716766
ICE Futures Europe
FTSE 100 Declared Dividend Index Future
Description
The FTSE 100 Declared Dividend Index Futures are cash settled upon expiration.
The FTSE 100 Declared Dividend Index represents the cumulative value of ordinary declared cash dividends announced and paid by the individual constituents of the underlying FTSE 100 Index, calculated in terms of index points. No adjustment for withholding taxes will be made.
Market Specifications
- Trading Screen Product Name
- FTSE 100 Declared Dividend - Stnd Index Future
- Trading Screen Hub Name
- ICEU
- Contract Symbol
- YZ
- Unit of Trading
- Contract Valued at £10 per index point (e.g. value £2,400 at 240.0)
- Delivery Month
- Only the December 2022 and December 2023 delivery months
- Settlement Date
- The Market day following the day on which the EDSP is published
- Quotation
- Index points (eg 240.0)
- Minimum price movement (tick size and value)
- 0.1 (£1.00)
- Last Trading Day
- Business day immediately preceding the third Friday in the delivery month.
Trading in the expiring contract ceases at 16:30 (London time) on Last Trading Day. - Exchange Delivery Settlement Price
- The EDSP is the official closing value of the FTSE 100 Declared Dividend Index on the third Friday of the delivery month.
- Algorithm
- Price-time trading algorithm with priority given to the first order at the best price.
- Block Trade Minimum
- 500
- Off Exchange Trade Types
- Yes
- Final Settlement
- Cash settlement based on the Exchange Delivery Settlement Price.
- MIC Code
- IFLL
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 3:00 AM - 11:30 AM 03:00 - 11:30 | 1:03 AM 01:03 |
| LONDON | 8:00 AM - 4:30 PM 08:00 - 16:30 | 6:03 AM 06:03 |
| SINGAPORE | 3:00 PM - 11:30 PM 15:00 - 23:30 | 1:03 PM 13:03 |
Codes
- Clearing Admin Name
- FTSE Fut UNRSTD
- Physical
- YZ
- Logical
- YZ
- GMI (FC)
- ION A.C.N.
- Symbol Code
- YZ