Marco Bianchi is Senior Vice President and Head of Business Development at NYSE Liffe U.S., the U.S. futures exchange of NYSE Euronext.
NYSE Liffe U.S. recently celebrated the completion of its first BIC trades (Block Trade at Index Close) on mini MSCI futures. The ability to print block trades at a price tied to the closing index level is just one more tool available to NYSE Liffe U.S. customers, allowing them to better manage their global equity risk.
View this quick video as Cliff Weber explains the basics of a BIC trade and how it benefits customers.
For more details on BIC trading, see: http://globalderivatives.nyx.com/sites/globalderivatives.nyx.com/files/block_trade_at_index_close.pdf