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ice_futures [2017/02/08 15:10] – [ICE Futures Europe] mayaice_futures [2020/03/17 11:45] (current) – [Basic Market Rules] maya
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 [[https://www.theice.com/futures-europe|Homepage]] [[https://www.theice.com/futures-europe|Homepage]]
  
-Currency: Swiss Franc (CHF), Euro (EUR), British Pound (GBP)\\ +Currency: Swiss Franc (CHF), Euro (EUR), British Pound (GBP)
-Time Zone: UTC 00:00+
  
-[[https://www.theice.com/holiday-hours | Holiday Calendar]]+[[https://www.theice.com/publicdocs/Trading_Schedule.pdf | Holiday Hours]]
  
 ===== Contracts ===== ===== Contracts =====
  
-Trading hours vary by contract. For more information, see the official page for each contract.+1. [[https://www.theice.com/products/38527986/Three-Month-Euribor-Futures|3 Month Euribor Futures]]
  
-1. [[https://www.theice.com/products/38716764/FTSE-100-Index-Future | FTSE 100 Index Futures]]\\+2. [[https://www.theice.com/products/37650324/Three-Month-Euro-Swiss-Franc-Euroswiss-Futures|3 Month Euroswiss Futures]]
  
-2. [[https://www.theice.com/products/37650336/Long-Gilt-Future | Long Gilt Futures]]\\+3. [[https://www.theice.com/products/37650330/Three-Month-Sterling-Short-Sterling-Future|3 Month Sterling Futures]]
  
-**Note:** Day Trade The World™ offers ICE Futures Europe trading until 14:00 ET only.+4. [[https://www.theice.com/products/219/Brent-Crude-Futures|Brent Crude Futures]] 
 + 
 +5. [[https://www.theice.com/products/38716764/FTSE-100-Index-Future | FTSE 100 Index Futures]] 
 + 
 +6. [[https://www.theice.com/products/37650336/Long-Gilt-Future | Long Gilt Futures]] 
 + 
 +7. [[https://www.theice.com/products/34361119/Low-Sulphur-Gasoil-Futures|Low Sulphur Gasoil Futures]] 
 + 
 +8. [[https://www.theice.com/products/910/UK-Natural-Gas-Futures|UK Natural Gas Futures]] 
 + 
 +9. [[https://www.theice.com/products/213/WTI-Crude-Futures|WTI Crude Futures]]
  
 ==== Trading Summary ==== ==== Trading Summary ====
  
-Please make sure that you familiarize yourself with the expiration dates of the different contracts and the universal month codes for them. The month codes to denote contract expiration months are universal, and can be found on the [[http://www.cmegroup.com/product-codes-listing/month-codes.html|Month Codes]] page.+Please familiarize yourself with the expiration dates of contracts and their universal month codes, which can be found on the [[http://www.cmegroup.com/product-codes-listing/month-codes.html|Contract Month Codes]] page.
  
 The symbology format is as follows:  The symbology format is as follows: 
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 Where: Where:
  
-XXX: 1-character ICE product code, e.g., **Z**\\ +  * XXX: 1-character ICE product code, e.g., **Z** 
-M: month code, e.g., **Z**\\ +  * M: month code, e.g., **Z** 
-YY: year code (last two digits of the year), e.g., **16**\\+  * YY: year code (last two digits of the year), e.g., **19**
  
-For example, the FTSE 100 Index Futures contract expiring on December 16, 2016, would be: **Z\Z16**+For example, the FTSE 100 Index Futures contract expiring on December 19, 2019, would be: **Z\Z19**
  
-==== Lit Order Types ====+==== Order Types ====
  
-  * Limit +  * Limit Buy/Sell→ShortSell (Day/IOC) 
-  * Market +  * Market Buy/Sell→ShortSell (Day/IOC)
-  * TIFs: DAY and IOC+
  
 ==== Basic Market Rules ==== ==== Basic Market Rules ====
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   * Tick Size: varies by contract.   * Tick Size: varies by contract.
   * Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.   * Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.
 +  * Circuit Breakers: Interval Price Limits (“IPL”) prevent large price movements in one direction within a given period of time. This protects the market from price spikes caused by cascading stops, multiple limit or market orders. IPLs have upper and lower limits which are reset periodically, not after each trade. If a bid or offer crosses the IPL, it will trigger a market hold. During the hold, the market is prevented from further movement in that direction for a specific period of time. During this time trading is still permitted in the opposite direction. Once the hold comes to an end, a new IPL is calculated and the market can continue in either direction.
 +    * For more information, you can see the [[https://www.theice.com/publicdocs/How_the_ICE_Market_Works.pdf|How the ICE Market Works]] and the [[https://www.theice.com/publicdocs/technology/IPL_Circuit_Breaker.pdf|ICE Circuit Breakers]] documents. 
 +
  
 ===== Additional Info ===== ===== Additional Info =====
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 ===== See Also ===== ===== See Also =====
 +
   * [[market_guides|Market Guides]]   * [[market_guides|Market Guides]]
ice_futures.1486584647.txt.gz · Last modified: 2017/02/08 15:10 by maya