Contract Specifications
MALAYSIAN RINGGIT/US DOLLAR FUTURES
Description Malaysian Ringgit/US Dollar Futures
Contract Symbol SMD
Contract Size 500,000 Malaysian Ringgit
Currency USD
Trading Price US Dollar per Malaysian Ringgit (MYR/USD)
Minimum Price USD 0.00001 per Malaysian Ringgit (USD 5 per tick) Fluctuation
Last Trading Day Trading ceases at 3:00 PM Kuala Lumpur time, two Malaysia business days prior to the 15th calendar day of the contract expiry month.
ICE Clear Singapore acts as the central counterparty for trades conducted on ICE Futures Singapore. This enables it to guarantee the financial Contract Security performance of every contract registered with it by clearing members up to and including exercise and/or settlement.
The final settlement price will be equal to the reciprocal of the Kuala Lumpur
USD/MYR reference rate (rounded to 5 decimal places) reported by Bank Settlement Negara Malaysia and Financial Markets Association of Malaysia (“FMA”) at
approximately 3:30 PM Kuala Lumpur time on the last Trading Day.
Daily Margin All open contracts are marked-to-market daily.
Monthly for all twelve calendar months for thirteen consecutive calendar Contract Series months. A new contract is listed for trading on the business day following the last trading day of the expiring month.
Delivery/Settlement Basis Cash-settled
Business Days ICE Futures Singapore business days
ICE FUTURES SINGAPORE
Contract Specifications
Trading Pre-open
Singapore 8:00 AM to 6:00 AM* 7:55 AM
London 1:00 AM to 11:00 PM* 12:55 AM Trading Hours
New York 8:00 PM to 6:00 PM* 7:55 PM
*Next day
These hours are subject to change in accordance with Exchange Rule A.8(a).
ICE FUTURES SINGAPORE