The following is the FTSE Xinhua China A50 Index Futures Product Information:
(for reference only, all to the Singapore Exchange announced date)
(for reference only, all to the Singapore Exchange announced date)
Contract Specification
| Underlying Stock Index | FTSE China A50 Index is a tradable index comprising the largest 50 A-Share companies by full market capitalisation. It includes stocks listed on the Shanghai and Shenzhen stock exchanges. |
| Contract Size |
US$1 x SGX FTSE China A50 Index Futures price ≈ US$10,435* (*Assuming futures price of 10,435) |
| Contract Months | 2 nearest serial months and Mar, Jun, Sep and Dec months on 1-year cycle |
| Minimum Price Fluctuation | 5 index point (US$5) |
|
Trading Hours (Singapore Time) |
T session: 9.00am – 4.00pm T+1 session: 4.40pm – 2.00am (next day) |
| Last Trading Day | Second last business day of the contract month. |
| Price Limits |
10% and 15% from previous day's settlement
price (10 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 Last Trading Day. |
| Settlement Basis | Cash settlement |
| Final Settlement Price | Official closing price of the FTSE China A50 Index rounded to the nearest 2 decimal places. |
| Position Limits | 15,000 contracts (higher limits available upon approval) |
|
Negotiated Large
Trade (NLT) |
Minimum 50 lots |
