SGX FTSE China H50 Index Futures

Accessing a Hyper-Liquid Basket of Stocks from the Top 50 Biggest Chinese Names (H Shares, Red Chips, and P Chips)

SGX FTSE China H50 Index Futures and Options (“H50 Contracts”) are CFTC approved, quanto-USD denominated contracts that offer investors exposure to the internationally well-tracked FTSE China 50 Index. The SGX FTSE China H50 Index Options are options-on-futures contracts which are automatically exercised into SGX FTSE China H50 Index Futures positions and cash settled on the Last Trading Day.

The H50 Contracts are excellent tools for risk management with SGX’s round-the-clock trading hours and overnight T+1 session until 5.15am Singapore time, covering Asia, Europe and US timezones.

The SGX FTSE China H50 Index Futures is now available on its Mutual Offset System (MOS) with the Chicago Mercantile Exchange (CME). The MOS provides investors with an efficient platform to manage their portfolio risk and to access the combined liquidity of both CME and SGX markets. Under the MOS, open positions in the following contract pairs are fungible. Clients would be able to initiate positions in these contracts on one Exchange and transfer them to the other venue on a real time basis. (Positions initiated via SGX’s Negotiated Large Trade (NLT) or CME’s block trade facilities are not eligible under this mutual offset system).

 “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited (“FTSE”) under licence. All rights in the FTSE China 50 Index (the “Index”) vest in FTSE or its licensors. Neither FTSE nor Russell nor any of their affiliates or licensors: (a) assumes any liability, losses, damages, expenses or obligations in connection with any derivative product based on the Index; or (b) accepts any liability for any errors or omissions, fitness for a particular purpose or the results to be obtained from the use of the Index or related data. No party may rely on the Index or related data contained in this communication which Index and data is owned by FTSE or Russell or their affiliates. No use or distribution of the Index is permitted without FTSE’s or Russell’s express written consent. Neither FTSE nor Russell promotes, sponsors or endorses the content of this communication nor any financial or derivative product that it relates to. 

Key Benefits

• Direct Exposure to China’s Largest Companies: Tracks the FTSE China 50 Index, covering the top 50 Chinese stocks (H-shares, Red Chips, P Chips) listed in Hong Kong. 
• High Liquidity & Global Accessibility: Round-the-Clock trading across Asia, Europe, and the US time zones. Overnight T+1 session until 5:15 am Singapore time, supporting global participation.
• Risk Management Efficiency: Positioned as an excellent tool for portfolio risk management, suitable for hedging China equity exposure.
• Cost Efficiency through Margin Offsets: Margin offsets are available against other major SGX equity index futures (e.g., SGX FTSE China A50, SGX MSCI Singapore, SGX Nikkei 225, SGX FTSE Taiwan, SGX Nifty Index futures contracts), which lowers overall capital and margin requirements.
• USD-demominated, CFTC-approved structure: Quanto USD-denominated, removing RMB/HKD FX settlement complexity. CFTC approved, which matters for international and US-linked participants.
• Flexible Futures + Options Structure: Options are options-on-futures. Automatically exercised into futures and cash-settlement, reducing operational friction.
• Cross-exchange Liquidity via SGX-CME Mutual Offset System (MOS): Positions can be initated on SGX or CME and transferred in real time. Access to the combined liquidity of both exchanges. Enhances execution flexibility for global traders.