IMX / Morningstar
US Healthcare Index Futures
US Healthcare Index Futures
Overview
The Morningstar US Healthcare Index measures the performance of companies of biotechnology, pharmaceuticals, research services, home healthcare, hospitals, long-term care facilities and medical equipment and supplies.
Further information on index construction and constituents can be found here.
According to Morningstar assets flows data, nearly $2 Trillion sits in sector specific equity strategies as of the fourth quarter of 2023. IMX Morningstar US Healthcare Index futures can be used to amplify strategic exposure to the US Healthcare sector, to hedge risk, securitize cash and to make tactical bets based on macro or micro factors.
Further information on index construction and constituents can be found here.
According to Morningstar assets flows data, nearly $2 Trillion sits in sector specific equity strategies as of the fourth quarter of 2023. IMX Morningstar US Healthcare Index futures can be used to amplify strategic exposure to the US Healthcare sector, to hedge risk, securitize cash and to make tactical bets based on macro or micro factors.
Trading Hours
Monday - Friday 8:30 am to 3 pm (CT)
Contract Size
$10 x MHST Index value
Minimum Tick
1 index point/$10 per tick
Termination
Nearest 4 quarterly contracts
(March, June, September, December)
(March, June, September, December)
Delivery Months
Trading will end on the third Friday of the month at 9:30 am (CT). If the third Friday falls on a holiday, the last trading day will be the first business day preceding the third Friday.
Settlement Type
Financial settlement
Settlement Terms
IMX Quarterly Equity Index Futures Settlement Procedures
Settlement Currency
USD
Position Limits
Spot Month - 20,000 contracts
All Month - 30,000 contracts
All Month - 30,000 contracts
Price Limits
Intraday price limits are set in reference to the previous business day’s settle price with two intraday price limits set at 7% and 13%, each resulting in a two minute market halt.
A daily price limit is set to 20%; trading may not occur beyond this level.
Additional information on Market Wide Circuit Breakers can be found in the IMX Rulebook, Chapter 12, section 5.
Additional information on Market Wide Circuit Breakers can be found in the IMX Rulebook, Chapter 12, section 5.
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The information on this website is for informational purposes only, and does not contend to address the financial objectives, situation, or specific needs of any individual investor. Trading in derivatives and other financial instruments involves risk.
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