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Product information
Contract specifications
Codes
Margin requirements
SPAN®
 

 USFs physical delivery
Contract size One future normally represents 100 shares1
Delivery months Nearest two of March, June, September and December, plus nearest two serial months such that the nearest three calendar months are always available for trading
Quotation Euro per share, Denmark DKK per share, Norway NOK per share, US Dollars per share
Minimum price movement
(tick size and value)		 €0.001 / €0.1, Denmark DKK 0.1 / DKK 10, Norway NOK 0.1 / NOK 10, US $0.001 /$0.1
Last trading day Denmark, Finland, US: third Friday of the delivery month
Norway: third Thursday of the delivery month
Settlement day Fourth business day following the Last Trading Day
Trading hours Denmark: 08:00 - 17:30 (London Time), Last Trading Day 08:00 - 16:00 (London Time)
Finland: 08:00 - 17:30 (London Time), Last Trading Day 08:00 - 16:30 (London Time)
Norway: 08:00 - 17:30 (London Time), Last Trading Day 08:00 - 15:30 (London Time)
US: 08:00 - 18:00 (London Time), Last Trading Day 08:00 - 14:30 (London Time)
Related documentation
Universal Stock Futures Contract (Physical delivery)
List of contract details in respect of Exchange Contract No 58  (30/01/09)
Last update 17/07/07

Liffe Market: London

Trading Platform:

  • LIFFE CONNECT®
  • Algorithm: Central order book applies a price-time trading algorithm with priority given to the first order at the best price
  • Wholesale Services: Asset Allocation, Block Trading, Basis Trading

Exchange Delivery Settlement Price (EDSP):

Denmark: The official closing price of the Copenhagen Stock Exchange.
Finland: Official closing price on Helsinki Stock Exchange
Norway: Official closing price on Oslo Exchange
US: Official opening price on New York Exchange or NASDAQ Stock Market as the case may be.

Contract Standard: Delivery will be 100 shares (or other such number of shares as determined by the terms of the contract).

Clearing: LCH.Clearnet Ltd.

This product may not be offered and sold to US persons
Unless otherwise indicated, all times are London times

1 - Due to corporate action contract adjustments some USF contracts may have a non-standard contract size.