Exchange |
Singapore Exchange |
Type |
Index |
Underlying |
Straits Times Index (STI) |
Currency |
Singapore Dollar (SGD) |
Contract Size |
S$10 x Straits Times index |
Tick Size |
1 |
Tick Value |
$10 SGD |
Pre-Open 1 |
|
Trading Session 1 |
08:45 - 12:35 |
Pre-Open 2 |
|
Trading Session 2 |
14:00 - 17:15 |
Pre-Open T+1 |
No T+1 Session |
Trading Session T+1 |
No T+1 Session |
Last Trading Day |
Second last business day of the contract month |
Final Settlement Day |
Second last business day of the contract month |
Final Settlement Price |
The average value of the Straits Times Index, taken at 1-minute intervals * during the last one hour of trading, and the closing Straits Times Index value on the last trading day, excluding the highest and lowest index values, and rounded to one decimal place. |
Settlement Type |
Cash |
Contract Months |
2 nearest serial months and 4 quarterly contract months |
First Trading Day |
|
Position Limit |
10,000 contracts net long or net short in all contract months combined |
Initial Margin (outright) |
|
Maintenance Margin (outright) |
|
Clearinghouse Margin (outright) |
|
Listed Spread |
No |
Initial Margin (spread) |
|
Maintenance Margin (spread) |
|
Clearinghouse Margin (spread) |
|
Daily Price Limit |
Whenever the price moves by 15% in either direction from the previous day’s settlement price, trading at or within the price limit of +/- 15% is allowed for the next 10 minutes. After this “cooling-off” period has elapsed, there shall be no price limit for the remainder of the trading day. There shall be no price limits on the last trading day of the expiring contract month. |
Options |
Yes |
Exchange Symbol |
ST |
Reuters Symbol |
|
Bloomberg Symbol |
|
ISIN Symbol |
|
SEDOL |
|
Notes |
|