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SGX MSCI Singapore Index
futures contract specifications
Product Type |
SGX MSCI Singapore | |
Product Category |
Equity Index | |
| Ticker Symbol | SGP | |
Contract Size |
S$100 x SGX MSCI Singapore Index Futures Price | |
Minimum Price Fluctuation |
0.05 index point (S$5) | |
Contract Months |
2 nearest serial months and 4 quarterly months on March, June, September and December cycle. | |
| Trading Hours (Singapore Time) |
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Trading Hours on Last Day |
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| Last Trading Day | The second last business day of the contract month (A business day is defined as a day on which the Singapore stock market is open for trading). | |
| Daily Price Limits | ±10% and ±15% from previous day’s settlement price (5 minutes cooling off period when limit is reached). Thereafter no price limits for rest of the day. No price limits for expiring contract on its Last Trading Day. |
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| Settlement Basis | Cash settlement | |
| Final Settlement Price | The Final Settlement Price shall be the official closing value of the MSCI Singapore Free IndexSM for the Last Trading Day, rounded to two decimal places. | |
| 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 50 lots | |
| Underlying Index Bloomberg Ticker | SIMSCI <Index> | |
| Underlying Index Refinitiv Ticker | .dMISG0000FPSG | |
| Bloomberg Ticker Code | QZA <INDEX> CT | |
| Refinitiv Ticker Code | SSG:<F3> or 0#SSG: | |
| Price Information (Vendor: Ticker) |
CQG: ZG SIX Financial: T-session: SGPmyy,344 T+1 session: SGPmyy,812 |
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options contract specifications
Product Type |
SGX MSCI Singapore Index Options | |
Product Category |
Equity Index | |
| Ticker Symbol | Calls - CSGP Puts - PSGP | |
Contract Size |
1 x SGX MSCI Singapore Index Futures Contract | |
Minimum Price Fluctuation |
0.05 index point (S$5) | |
Contract Months |
2 nearest serial months and 4 quarterly months on March, June, September and December cycle | |
| Trading Hours (Singapore Time) |
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Trading Hours on Last Day |
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| Last Trading Day | The second last business day of the expiring contract month | |
| Daily Price Limits | N.A. |
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| Settlement Basis | Cash settlement. In-the-money options will be automatically exercised on expiry into SGX MSCI Singapore Index Futures (“futures contract”) positions, which will then be cash-settled based on the final settlement price methodology of the futures contract. | |
| Final Settlement Price | The final settlement price will be determined in the manner as set out in the relevant NSE IX contract specifications and is the official closing price of NIFTY50 Index 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 25 lots | |
| Bloomberg Ticker Code | QZA <INDEX> OMON | |
| Refinitiv Ticker Code | 0#SSG<M><Y>+ - List of Call/Put strikes0#DSSG<M><Y>+ - List of Call/Put strikes with market depth0#SSGs - List of most active strikeswhere<M> = futures month code, <Y> = single digit year code | |
| Price Information (Vendor: Ticker) |
SIX Financial
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| Trading Halt | Trading in an option contract shall be halted when any of the price limits applicable to the underlying SGX MSCI Singapore Index Futures are triggered. There shall be no trading halt on an option’s Last Trading Day. | |
| Strike Price Intervals | 5 index points interval. Strike price shall be stated in terms of the SGX MSCI Singapore Index futures contract which is deliverable upon exercise of the Option and shall be an integer divisible by five (5) without reminder e.g 340, 345, 350, 355, etc. The Exchange will list At-the-Money (ATM) strike call and put options and the next eight eligible exercise prices above and below the ATM strike. ATM strike refers to the exercise price nearest to the previous day’s Daily Settlement Price of the underlying SGX MSCI Singapore Index futures. For new contract month, ATM strike will refer to the exercise price nearest to the previous day’s Daily Settlement Price of the Spot Month Futures Contract. No new options shall be listed, however, if there are less than three calendar days remaining to the Expiration Day of the Options. |
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| Option Exercise | European Style. The option may be exercised only upon expiration. In the absence of contrary instructions delivered to the Clearing House, an option that is in-the money at expiration shall be automatically exercised. Option Exercise: Exercise results in a long SGX MSCI Singapore Index futures position, which corresponds with the option’s contract month for a call buyer or a put seller, and a short SGX MSCI Singapore Index futures position for a put buyer or a call seller. |
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