NYSE Liffe U.S. to Launch MSCI USA Value Index Futures on June 28, 2010

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Mon, 06/14/2010

 

June 14, 2010

Product Update: NYSE Liffe U.S. to Launch MSCI USA Value Index Futures on June 28, 2010

NYSE Technologies would like to confirm that NYSE Liffe U.S. that the go live date for a new futures contract based on the following MSCI flagship indices is June 28, 2010:

MSCI USA Index

Market data for this new contract will be available via the NYSE Liffe U.S. market data feed. Quote vendors should refer to the contract details listed below for the new contracts names, including the Price Format Code that will be used.

The contracts will be available on the test environment from today, June 14, 2010.

Contract Details

Exchange Code

C

C

Contract Code

MCU

MRG

Contract Type

F

F

Contract Name

MSCI USA Value Index

MSCI USA Growth Index

Listing Date

28 June 2010

28 June 2010

Tick Size

0.10

0.10

Price Format Code

N

N

Trade Numerator

10

10

Settlement Numerator

10

10

EDSP Numerator

1

1

Tick Size Denominator

1

1

Tick Value

$5.00

$5.00

Lot Size

1

1

Currency

USD

USD

Cash Settled

Y

Y

Index Level

1247.00

881.04

Contract Multiplier

$50

$50

Contract Notional Size

$62,350

$44,052

Trading Hours (NY time)

3:00am-5:00pm

3:00am-5:00pm

Daily Settlement (NY)

4:15pm

4:15pm

Last Trade Date/Time (NY)

3rd Fri. 9:30am

3rd Fri. 9:30am

Pre- Open (Chicago)

01:15

01:15

Open (Chicago)

02:00

02:00

Pre- Close (Chicago)

15:58

15:58

Close (Chicago)

16:00

16:00

Daily Settle-ment

15:15

15:15

Pre- Expiry

08:28

08:28

Expiry

08:30

08:30

Contract Months

4 Mos MJSD cycle

4 Mos MJSD cycle

Final Settlement*

SOQ

SOQ

Daily Price Limits

NONE

NONE

Price Format

Format Code

Format Long Name

Price Format

Price Display

Meaning

N

Decimal 1/100 points

PPPPFF

67330

673.30

PPPP Points,
FF - .01 increments

Final settlement will be calculated by MSCI and communicated to LMS. There is no requirement for system support of the EDSP calculation / process.