Exchange |
Singapore Commodity Exchange (SICOM) |
Type |
Commodity |
Underlying |
Class 2 Robusta Coffee |
Currency |
US Dollar (USD) |
Contract Size |
5 metric tons |
Tick Size |
1.00 |
Tick Value |
$5.00 USD |
Trade registration 1 |
0700 – 0945 |
Trading Session 1 |
1000 – 1200 |
Trade registration 2 |
1200 – 1545 |
Trading Session 2 |
1600 – 2300 (2200 UK DST) |
Pre-Open T+1 |
No T+1 Session |
Trading Session T+1 |
No T+1 Session |
Last Trading Day |
15th calendar day of the delivery month |
Final Settlement Day |
4 business days after the Last Trading Day |
Final Settlement Price |
|
Negotiated Large Trades |
80 lots |
Settlement Type |
Physical |
Delivery Unit |
20 metric tons |
Delivery Method |
Delivery will be made via acceptable warehouse receipts issued by bonded warehouses in Ho Chi Minh, Vietnam or Singapore, according to the specifications set by the exchange. |
Deliverable Grades |
Class 2 Robusta Coffee deliverable at Contract Price. Premium and Class 1 grades are deliverable at a premium. Full quality specifications are available in the official contract specifications of the product. |
Contract Months |
6 consecutive months |
First Trading Day |
April 22, 2010 |
Position Limit |
10,000 contracts in all months |
Initial Margin (outright) |
|
Maintenance Margin (outright) |
|
Clearinghouse Margin (outright) |
|
Listed Spread |
No |
Initial Margin (spread) |
|
Maintenance Margin (spread) |
|
Clearinghouse Margin (spread) |
|
Daily Price Limit |
10% above or below the previous day’s settlement price |
Options |
No |
Exchange Symbol |
|
Reuters Symbol |
|
Bloomberg Symbol |
|
ISIN Symbol |
|
SEDOL |
|
Notes |
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