Model contract specification: Pro Soccer 2026 Index

Chapter A. Pro Soccer 2026 Index: Season Share

A.00 Scope: This chapter is a model for a listing venue's rules for the Season Share on each constituent of the Pro Soccer 2026 Index. Rows set by the methodology or the products specification define the reference and cannot be changed by the venue. Rows set by the listing venue are the venue's to decide; a suggested value is given for each. [Set by: Methodology]
A.01 Underlying: The settled value of one constituent of the Pro Soccer 2026 Index, as published by Major League Markets at each official close. [Set by: Methodology]
A.01 Contract unit: One Season Share on one constituent. [Set by: Methodology]
A.01 Settlement value range: $0.00 to $100.00. [Set by: Methodology]
A.01 Aggregate: The settlement values of all 30 constituents sum to $670.00 at the end of the season, fixed before the season begins. [Set by: Methodology]
A.01 Price basis: U.S. dollars and cents per Season Share. [Set by: Listing venue]
  Suggested: As stated.
A.01 Minimum price increment: Set by the listing venue. [Set by: Listing venue]
  Suggested: $0.01.
A.01 Contract multiplier: Set by the listing venue. A multiplier changes the contract's notional, never its settlement value. [Set by: Listing venue]
  Suggested: 1: one dollar of notional per dollar of settlement value.
A.01 Product code: Set by the listing venue. [Set by: Listing venue]
  Suggested: PS26-<constituent ticker>, for example PS26-ATL.
A.02 Trading schedule: Set by the listing venue. [Set by: Listing venue]
  Suggested: The venue's standard hours, through the whole season, including days with no official close.
A.02 Listing: Set by the listing venue. [Set by: Listing venue]
  Suggested: All 30 constituents listed together, so a holder can always hold the complete set.
A.02 Price limits: Set by the listing venue. [Set by: Listing venue]
  Suggested: None inside $0.00 to $100.00. Orders outside that range are rejected.
A.02 Position limits and accountability: Set by the listing venue. [Set by: Listing venue]
  Suggested: Position accountability at the venue's standard level for event-linked contracts. A fully collateralized position cannot lose more than the amount paid.
A.02 Block trades: Set by the listing venue. [Set by: Listing venue]
  Suggested: The venue's standard minimum.
A.02 Termination of trading: Set by the listing venue, no later than the final settlement time. [Set by: Listing venue]
  Suggested: The scheduled start of the final game of the season.
A.03 Daily valuation: Set by the listing venue. The settled value published at each official close is the amount the constituent has already earned; the share's remaining value cannot be below zero. [Set by: Listing venue]
  Suggested: The venue's own trade-based procedure.
A.03 Final settlement value: The constituent's settled value at the official close that follows the final game of the season. [Set by: Methodology]
A.03 Final settlement time: The official close: 09:00 Central Time on the calendar day after the final game. [Set by: Methodology]
A.03 Settlement source: Official league results, under the Settlement Procedures at majorleaguemarkets.com/governance/settlement-procedures. [Set by: Methodology]
A.03 Corrections: A result the league changes after a close posts as a forward correction at the next close. A published close is never restated, and a contract already settled is not reopened. [Set by: Methodology]
A.03 Unplayed games, cancelled rounds, shortened seasons: As set out in the index methodology at majorleaguemarkets.com/methodology/pro-soccer-2026. [Set by: Methodology]
A.03 Close not published: Set by the listing venue. [Set by: Listing venue]
  Suggested: If the final close is not published within one hour after the official close, final settlement waits for it. Every close, on time or late, is recorded at majorleaguemarkets.com/governance/close-record.
A.04 Disclaimer: Major League Markets publishes the Pro Soccer 2026 Index and licenses its use. Major League Markets does not list, sponsor, endorse, sell or promote any contract that references the index, and makes no representation about whether trading any such contract is advisable. Major League Markets has no obligation to take the needs of a listing venue or of its participants into account in determining or publishing the index. Major League Markets makes no warranty as to the accuracy, completeness or timeliness of the index or of any data in it, and has no liability for any error, omission, delay or interruption in its publication. [Set by: Listing venue]
  Suggested: Adopt as written, adapted by venue counsel.

Model text for a venue's rulebook. Nothing on this page is an offer to sell or a solicitation to buy any financial instrument.