
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 .
Details
-
File Typepdf
-
Upload Time-
-
Content LanguagesEnglish
-
Upload UserAnonymous/Not logged-in
-
File Pages2 Page
-
File Size-