RSS Number 3
Exchange | The Agricultural Futures Exchange of Thailand (AFET) |
Type | Commodity |
Underlying | Natural Rubber Ribbed Smoked Sheet No.3 (RSS No.3) |
Currency | Thai Baht (THB) |
Contract Size | 5 Metric Tonnes |
Tick Size | 0.05 |
Tick Value | 250 THB |
Pre-Open 1 | |
Trading Session 1 | 10:00- 15:45 |
Pre-Open 2 | |
Trading Session 2 | None |
Pre-Open T+1 | None |
Trading Session T+1 | None |
Last Trading Day | The third business day prior to the first business day of the delivery month |
Last Delivery Day | The last business day of the Delivery Month |
Final Settlement Price | |
Settlement Type | Physical |
Deliverable Grade | 4 contracts or 20,000 metric tonnes of RSS No.3 as per the International Rubber Quality and Packing Conference or “The Green Book”. |
Delivery Location | Buyer’s designated warehouse or factory in Bangkok, Ayutthaya, Nakhon Pathom, Nonthaburi, Samut Sakhon, Samut Prakan, Pathum Thani, Nakhon Nayok, or Chachoengsao Provinces |
Contract Months | 9 consecutive months |
First Trading Day | |
Position Limit | 1st contract month : Not greater than 200 contracts 2nd contract month : Not greater than 600 contracts all contract months combined : Not greater than 3000 contracts Hedger limit is set at 500 contracts for 1st contract month. An extension of the limit may be granted by the exchange upon request. |
Initial Margin (outright) | 20,000 baht per contract |
Maintenance Margin (outright) | 15,000 baht per contract |
Clearinghouse Margin (outright) | |
Listed Spread | No |
Initial Margin (spread) | 20,000 THB |
Maintenance Margin (spread) | 15,000 THB |
Clearinghouse Margin (spread) | |
Daily Price Limit | 3.00 THB |
Options | No |
Exchange Symbol | RSS3 |
Reuters Symbol | |
Bloomberg Symbol | |
ISIN Symbol | |
SEDOL | |
Notes |