.png){kind=logo}
SGX FTSE China H50 Index Futures
futures contract specifications
Product Type |
SGX FTSE China H50 Index Futures | |
Product Category |
Equity Index | |
| Ticker Symbol | FCH | |
| Minimum Price Fluctuation | 2.5 index points (US$5) | |
Contract Months |
2 nearest serial months and Mar, Jun, Sep and Dec months on a 2-year cycle | |
| Trading Hours (Singapore Time) |
|
|
Trading Hours on Last Day |
|
|
| Last Trading Day | Second last business day of the contract month. If this happens to fall on a Hong Kong holiday, the LTD shall be the preceding business day. | |
| Daily Price Limits | ±10% and ±15% from previous day’s settlement price (5 minutes cooling off period when each limit is reached). Thereafter no price limits for rest of the day. No price limits for expiring contract on its LTD. |
|
| Settlement Basis | Cash settlement | |
| Final Settlement Price | Official closing price of the FTSE China 50 Price Return (HKD) Index, rounded to the nearest 2 decimal places on the Last Trading Day. | |
| Position Accountability / Position Limit | Position limit is not applicable to this contract. However, a person owning or controlling more than 5,000 contracts net long or net short in all contract months combined, or such position as the Exchange may prescribe from time to time with prior notification, shall provide, in a timely fashion, upon request by the Exchange, information regarding the nature of the position, trading strategy, and hedging information if applicable. | |
| Negotiated Large Trade | Minimum 20 lots | |
| Underlying Index Bloomberg Ticker | XIN0I Index | |
| Underlying Index Refinitiv Ticker | .FTXIN25 | |
| Bloomberg Ticker Code | RFCA <Index> | |
| Refinitiv Ticker Code | 0#SFCH: | |
| Other Contract Specification Details | Mutual Offset Trading with CME: Eligible for Outright and Strategy Trades executed on screen. Not eligible for Negotiated Large Trades (NLT) |
|
options contract specifications
Product Type |
SGX FTSE China H50 Index Options | |
Product Category |
Equity Index | |
| Ticker Symbol | Calls - CFCH , Puts - PFCH | |
Contract Size |
1 lot of SGX FTSE China H50 Index Futures | |
Minimum Price Fluctuation |
2.5 index points (US$5) | |
Contract Months |
2 nearest serial months and Mar, Jun, Sep and Dec months on a 2-year cycle | |
| Trading Hours (Singapore Time) |
|
|
Trading Hours on Last Day |
|
|
| Last Trading Day | Second last business day of the contract month. If this happens to fall on a Hong Kong holiday, the LTD shall be the preceding business day. | |
| Daily Price Limits | N.A. |
|
| Settlement Basis | Cash settlement. In-the-money options will be automatically exercised on expiry into SGX FTSE China H50 Index Futures (“futures contract”) positions, which will then be cash-settled based on the final settlement price methodology of the futures contract. | |
| Position Accountability / Position Limit | Position limit is not applicable to this contract. However, a person owning or controlling more than 5,000 contracts net long or net short in all SGX FTSE China H50 Index Futures and Options contract months combined in position delta, or such position as the Exchange may prescribe from time to time with prior notification, shall provide, in a timely fashion, upon request by the Exchange, information regarding the nature of the position, trading strategy, and hedging information if applicable. | |
| Negotiated Large Trade | Minimum 20 lots | |
| Underlying Index Bloomberg Ticker | XIN0I Index | |
| Underlying Index Refinitiv Ticker | .FTXIN25 | |
| Bloomberg Ticker Code |
|
|
| Refinitiv Ticker Code | 0#SFCH+ | |
| Strike Price Intervals | 200 index point intervals The Exchange will list At-the-Money (ATM) strike put and call options and the next 30 exercise prices above and below the ATM strike. ATM strike refers to the exercise price nearest to the last available closing index level of the FTSE China 50 Index. No new options shall be listed, however, if there are less than three calendar days remaining to the Expiration Day of the Option Contract. |
|
| Option Exercise | European Style: An option may be exercised by the buyer only at expiry. Exercise results in a long SGX FTSE China H50 Index futures position, which corresponds with the option's contract month, for a call buyer or a put seller, and a short SGX FTSE China H50 Index futures position for a put buyer and a call seller. An option that is in-the-money and has not been liquidated or exercised prior to the termination of trading shall be exercised automatically. |
|
