Download LMAX EXCHANGE Wall Street 30 (Mini) Contract Terms

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Transcript
LMAX
EXCHANGE
Wall Street 30
(Mini)
Contract Terms
EQUITY INDEX CFD CONTRACT ON LMAX EXCHANGE SERVICE
INSTRUMENT INFORMATION
LMAX Exchange Instrument Description Wall Street 30 (Mini)
Exchange Venue
LMAX Exchange
Service
LMAX Exchange Service
Contract
Equity Index CFD Contract
Asset Class
Equity Index
LMAX Exchange Symbol
WS30m
LMAX Exchange Instrument ID
110091
Primary Market Instrument
Dow Jones 30 Index
Currency
USD
As determined in accordance with the Notional Value
Notional Value
Formula
Notional Value Formula
Rate x Number of Contracts x Contract Size
Number of Contracts
As agreed at time of formation of the Transaction
Contract Size
0.1
Units
Index Points
Minimum Number of Contracts Tradable 1
As agreed at time of formation of the Transaction or in
Transaction Price
accordance with the LMAX Rulebook
Tick Size
1
LMAX Exchange ISIN
GB00BWFDPW41
LMAX Ticker on Reuters
DJIm.LMX
LMAX Ticker on Bloomberg
WS30MLM LMAX Index
Dividends are reflected as a cash adjustment as
Dividend Treatment
calculated by the calculation agent.
Calculation Agent for Dividend
Bloomberg
Adjustments
Withholding Tax Rate (for information) 30%
PROVISION OF SERVICES
Trading Hours
Trading Days
Trading Day holidays
Contract Duration
18:00 Sun - 17:00 Fri EST / EDT
(except 17:00 – 18:00 daily)
Sunday to Friday
Refer to LMAX Holiday Calendar
Spot
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GENERAL
Definitions
Capitalised terms used shall have the meanings given to them in the LMAX
Rulebook, unless the context otherwise requires or unless separately defined
herein. The same rules of interpretation set out in the LMAX Rulebook apply.
LMAX will (i) consult Members on any proposed amendment to the Contract
Terms; and (ii) give Members a minimum period of 10 Business Days to comment
on the proposed amendment. LMAX will notify Members of any amendment as
Amendments to
soon as practicable by email and/or by posting a notice on its website. An
Contract Terms
amendment will come into force on the date and time LMAX specifies in such
notification, taking into account any commercial or other factors involved in the
amendment.
3