New contract size & new symbol, FINEX/ICE currency cross
Posted: Wed Sep 07, 2011 3:49 pm
At least three of the FINEX/ICE currency cross rate futures are changing their Big Point Value with the rollover from Sept11 into Dec11. (There may be more, these are the ones I've discovered so far).
A very useful resource is found at the exchange's website: https://www.theice.com/marketdata/repor ... nter.shtml I like the report you get with the settings shown in Figure 1.
As an example, the old "GB" currency cross rate futures with BPV = 100K Euros, does not have a quote for the Dec11 contract. However the new "KGB" contract DOES have a quote. See Figure 2.
Here's a little table
A very useful resource is found at the exchange's website: https://www.theice.com/marketdata/repor ... nter.shtml I like the report you get with the settings shown in Figure 1.
As an example, the old "GB" currency cross rate futures with BPV = 100K Euros, does not have a quote for the Dec11 contract. However the new "KGB" contract DOES have a quote. See Figure 2.
Here's a little table
Code: Select all
OLD OLD NEW NEW
CSIsym ICEsym CSIsym ICEsym
------------------------------------
EJ EJ EUY KEJ
GB GB EUP KGB
RZ RZ EUF KRZ
The OLD contract size was 100,000 Euros
The NEW contract size is 125,000 Euros