KGI Securities Singapore | SGX NSE IFSC Nifty Financial Services Index Futures and Options Contract Specifications

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Product Type	NSE IFSC Nifty Financial Services Index Futures
Product Category	Equity Index
Contract Size	1 x Futures price
Minimum Price Fluctuation	Screen: 1 NLT: 0.01
Contract Months	Three monthly expiries and three quarterly expiries (March, June, Sept & Dec cycle)
Trading Hours (Singapore Time)	Screen: T Session Pre - Open: Order Collection: 8:45 am - 8:55^ am Order Matching: 8:55^ am - 9:00 am Transition from pre-open to the continuous trading session: 8:55 am - 9:00 am Opening: 9.00 am - 6:10 pm Pre- Close: Order Collection: 6:10 pm - 6:20^ pm Order Matching: 6:20^ pm - 6:25 pm T + 1 Session Pre- Open: Order Collection: 6:55 pm - 7:01^ pm Order Matching: 7:01^ pm - 7:05 pm Transition from pre-open to the continuous trading session: 7:01 pm - 7:05pm Opening: 7.05 pm - 5:15 am (next day) ^ Random closure in the last minute of the Order Collection period. The order matching period starts immediately after the completion of the order collection period. NLT Registration on Titan OTC T Session: 7.10am – 6:55pm T + 1 Session: 6.25pm – 4.40am (next day)
Trading Hours on Last Day	Screen The same as above, except: Opening: 9.00 am - 6:00 pm NLT Registration on Titan OTC 7.10 am - 5.30 pm
Last Trading Day	Last Tuesday of the Expiry Month
Daily Price Limits	Please refer to NSE IX website (https://www.nseix.com/markets/about-our-products/equity-derivatives-updated)
Settlement Basis	Cash settlement
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 NIFTY Financial Services Index on the last trading day.
Position Accountability / Position Limit	SGX Position Limit will apply for NSE IX Nifty Contracts cleared by SGX-DC. The SGX Position Limit for each combination of NSE IX Nifty Contracts with the same underlying (i.e. the futures and its options contract) will be set as the higher of (i) 25,000 futures-equivalent lots, or (ii) the position limit approved by SGX for each customer group.
Negotiated Large Trade	Minimum 50 lots
Underlying Index Bloomberg Ticker	NSEFIN Index Equity
Bloomberg Ticker Code	FGSA Index Equity
Refinitiv Ticker Code	O#GTS

Product Type	NSE IFSC Nifty Financial Services Index Options
Product Category	Equity Index
Contract Size	US$1 x Nifty Financial Services Index
Minimum Price Fluctuation	Screen: 1 NLT: 0.01
Contract Months	Weekly: 4 weekly expiries excluding the expiry week of the monthly contract; Monthly and quarterly: 3 monthly expiries and 3 quarterly expiries (March, June, Sept & Dec cycle)
Trading Hours (Singapore Time)	Screen: T Session Opening: 9.00 am - 6:10 pm T + 1 Session Opening: 7.05 pm - 5:15 am (next day) NLT Registration on Titan OTC T Session: 7.10am – 6:55pm T + 1 Session: 6.25pm – 4.40am (next day)
Trading Hours on Last Day	Screen Opening: 9.00 am - 6:00 pm NLT Registration on Titan OTC 7.10 am - 5.30 pm
Last Trading Day	Weeklies: Tuesday of the expiry week Monthly: Last Tuesday of the expiry month
Daily Price Limits	Please refer to NSE IX website (https://www.nseix.com/markets/about-our-products/equity-derivatives-updated)
Settlement Basis	Cash settlement
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 NIFTY Financial Services Index on the last trading day.
Position Accountability / Position Limit	SGX Position Limit will apply for NSE IX Nifty Contracts cleared by SGX-DC. The SGX Position Limit for each combination of NSE IX Nifty Contracts with the same underlying (i.e. the futures and its options contract) will be set as the higher of (i) 25,000 futures-equivalent lots, or (ii) the position limit approved by SGX for each customer group.
Negotiated Large Trade	Minimum 25 lots
Underlying Index Bloomberg Ticker	NSEFIN Index Equity
Bloomberg Ticker Code	Weekly NIFTYFIN1 <Index> OMON NIFTYFIN2 <Index> OMON NIFTYFIN3 <Index> OMON NIFTYFIN4 <Index> OMON NIFTYFIN5 <Index> OMON Monthly NIFTYFINM <Index> OMON
Refinitiv Ticker Code	0#GTS*.NSG
Strike Price Intervals	50 Index Points Interval The exchange will list At-the-Money (ATM) strike call and put options and the next 15 eligible exercise prices above & below the ATM strike.
Option Exercise	European style

NSE IFSC Nifty Financial Services Index

futures contract specifications

options contract specifications

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