Contract Code | W1 |
Underlying | 1 Month Term Deposit based on the Warsaw Interbank Offer Rate |
Name | WIBOR |
Unit of Trading | 1,500,000 PLN |
Price Quotation | 100.00 minus rate of interest |
Min. Price Move | 0.01 percent point |
Tick Value | 12.50 PLN |
Daily Price Change Limit | None |
Contract Months | March (H), June (M), September (U), December (Z) such that 4 delivery months are available for trading |
Last Trading Day | Second trading day preceding third Wednesday of contract month |
Trading Hours | Monday-Friday 9:00 - 15:00 CET, Last trading day 9:00 - 11:00 CET |
First Trading Day | First trading day after previous contract expiry |
Delivery & Final Settlement | Cash settlement. Final settlement price established by the Exchange based on the average one month WIBOR interbank rate at 12:00 CET on last trading day |