- Trading Screen Product Name
- Mini FANG+ Index Futures
- Trading Screen Hub Name
- ICSG
- Commodity Code
FNG
- Contract Size
One contract = US$10 x Index value
- Currency
USD
- Price Quotation
Index points, to two decimal places
- Minimum Price Fluctuation
.10 Index points, equal to $1.00 per contract; calendar spread
trades may be executed at .05 Index point increments.
(Block Trades can be done at .01 Index points)
- Last Trading Day
Third Friday of the expiration month. Trading in the expiring
contract ceases at 7:00 PM SGT on Last Trading Day. In all cases,
such other date as the Exchange specifies on its website from time
to time may apply instead
- Contract Security
ICE Clear Singapore acts as the central counterparty for trades
conducted on ICE Futures Singapore. This enables it to guarantee
the financial performance of every contract registered with it by
clearing members up to and including exercise and/or settlement.
- Daily Settlement
Price will reference ICE Futures U.S. NYSE® FANG+™ Index
Futures.
- Daily Margin
All open contracts are marked-to-market daily.
- Contract Series
4 contracts in the March, June, September and December cycle
- Delivery/Settlement Terms
Cash-settled against the ICE Futures U.S. NYSE® FANG+™
Index Futures final settlement price as published by ICE Futures
U.S. on the last trading day for the expiry month.
- Business Days
ICE Futures US business days
- Trading Hours
Singapore** Trading 8:00 AM to 6:00 AM* Pre Open7:30 AM
London Trading 1:00 AM to 11:00 PM* Pre Open 12:30 AM
New York Trading 8:00 PM to 6:00 PM* Pre Open 7:30 PM
Trading begins on Monday morning at 6:00 AM** SGT. The Monday
pre-open is 5:30 AM** SGT.
*Next day
**Subject to local Daylight Savings Time
These hours are subject to change in accordance with Exchange Rule
A.8(a).
- Additional Information
NYSE® FANG+™ is an index providing exposure to a select
group of highly-traded growth stocks of next generation technology
and tech-enabled companies. The futures contract on the index is
designed to offer the ability to gain or reduce exposure to this
key group of growth stocks in a capital efficient manner
- Notice
NYSE® and FANG+™ are trade marks of ICE Data Indices, LLC
or its affiliates (“ICE Data”) and have been licensed
for use together with the NYSE® FANG+™ Index (the
“Index”) by ICE Futures Singapore in connection with
this contract. The contract is not sponsored, endorsed, sold or
promoted by ICE Data. ICE Data makes no representations or
warranties regarding the advisability of investing in securities or
futures contracts, and any such investment based upon the
performance of the Index particularly, or the ability of the Index
to track general stock market performance.
ICE Data makes no express or implied warranties, and hereby
expressly disclaims all warranties of merchantability or fitness
for a particular purpose with respect to the Index or any data
included therein. In no event shall ICE Data have any liability for
any special, punitive, indirect, or consequential damages
(including lost profits), even if notified of the possibility of
such damages.
- MIC Code
- IFSG
- Clearing Venues