Index Futures definition
Examples of Index Futures in a sentence
In the event that the Financial Instruments Exchange, prior to the final settlement date for Index Futures Trading, finds any error in the special settlement index value or the special quotation and changes such index or value pursuant to its rules, I/we shall comply with such a change.
A rollover will arise in Futures Based CFDs, such as Commodity CFDs and Index Futures CFDs, when the underlying front month futures contract is approaching the Expiry Date and we change our CFD pricing feed from the front month to the Next Serial Futures Contract.
The Authorized Participant acknowledges that such reporting may result in a mismatch in the character or other tax attributes of gain or loss from Index Futures and iShares.
The Authorized Participant will report any built-in gain or loss on Index Futures that it receives from the Trust on redemption of iShares under the rules of section 1256 of the Code (absent a valid election to do otherwise), and, to the extent applicable, will report any offsetting gain or loss on the remaining iShares held by the Authorized Participant under the rules of section 475 of the Code.
A Beneficial Owner's "Initial Contribution" will be equal to the amount of cash and the value (as determined under Section 7 of this Annex I) of any Index Futures or Short-Term Securities contributed to the Trust by the Beneficial Owner or its agent on the first issuance of Shares to the Beneficial Owner or its agent as described in Article II.