ICE Russell Futures and Options Contracts – Price Multiplier Reduction

Advisory CA052-16
December 2, 2016
Customer Advisory

Effective with the start of trading for trade date Monday, December 5, 2016, the price multiplier for all ICE Russell Futures and Futures Options contracts will be reduced from $100 to $50. All Russell open futures and options positions will be doubled, as will position limits and minimum block trade quantities to compensate for the smaller multiplier on the effective date.

For more information, please refer to the Exchange Notice and FAQs.

TT Impact:

Please ensure that the needed adjustments to risk limits are made in TT User Setup prior to the December 5 trade date to accommodate this change per the ICE exchange

The impacted contracts are:

  • Russell 2000 Futures
  • Russell 2000 Options
  • Russell 1000 Futures
  • Russell 1000 Options
  • Russell 2000 Value Futures
  • Russell 2000 Growth Futures
  • Russell 1000 Value Futures
  • Russell 1000 Growth Futures

Should you have any questions, please contact your local TAM.

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