Sector Index : Contract Specification

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Description

Underlying

Sector Index computed and disseminated by the Stock Exchange of Thailand. Currently, there are 5 Sector Futures as following:

Banking

Information & Communication Technology

Energy & Utilities

Commerce

Food and Beverage

Ticker Symbol

BANK

ICT

ENERG

COMM

FOOD

Multiplier

THB 1,000 per index point

THB 10 per index point

Settlement Month

March, June, September, December up to 4 quarters

Price Quotation

Sector index price

Minimum Tick Size
(Tick Value)

0.10 index point
(or THB 100 per contract)

1 index point
(or THB 10 per contract)

Daily Price Limit

+ 30% of the latest settlement price

Trading Hour

Pre-open:	9:15 a.m. - 9:45 a.m.
Morning session:	9:45 a.m. - 12:30 p.m.
Pre-open:	1:45 p.m. - 2:15 p.m.
Afternoon session:	2:15 p.m. - 4:55 p.m.

Speculative Position Limit

Net 20,000 contracts in any sector futures contract on one side of the market in any contract month or all contract months combined.

Last Trading Day

The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:30 hrs.

Final Settlement Price

The final settlement price shall be the numerical value of the Sector Indices, rounded down to the nearest two decimal points as determined by the exchange, and shall be the average value of the Sector Indices taken during last 15 minutes and the closing index value, after deleting the three highest and three lowest values.

Settlement Method

Cash Settlement