MexDer IPC Index of the BMV (Mexican Stock Exchange) Futures
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IPC Index of the BMV futures | ||
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Exchange | MexDer | |
Settlement | Cash settled | |
Contract Size | MXN $10.00 (Ten Mexican Pesos 00/100) multiplied by the IPC value | |
Pricing Unit | Need pricing unit! | |
Tick Value | Submittal of Bids or Offers for trading Futures Contracts will be reflected in minimal fluctuations of the Futures Price of one (1) point of the IPC. | |
Contract Months | Under the terms of its Internal Regulations, MexDer will quote and make available for trading different Series of the IPC Futures Contract on a quarterly basis, which means that Futures Contracts with Maturity Dates in the months of March, June, September and December will be permanently available for trading. | |
Last Trading Day | The last day of negotiation and the Expiration Date of a Series of the IPC Futures Contract will be the third Friday of the month of maturity or the previous Business Day, if said Friday is a non Business Day. | |
Note: This contract is electronic ONLY -- no open outcry | ||
No Open Outcry | Electronic | |
Trading Hours | N/A | Trading hours for the IPC Futures Contracts will be Business Days from 7:30 a.m. to 3:00 p.m., Mexico City time, without detriment to MexDer’s right to establish a different schedule, same that must be published in the Bulletin within three Business Days prior to entrance of its effects. |
Ticker Symbol | N/A | IPC |
Price Limits | N/A | N/A |