Derivatives : POEMS
Knowledge base
Futures
what is futures
set 50 index futures
Single Stock futures
Single Stock futures
Gold futures
Gold futures
Silver Futures
5 Year Government Bond
5 Year Government Bond
6 Month THBFIX
3 Month BIBOR
Oil futures
USD futures
faq futures
Options
What is Options
SET50 Index Options
faq Options
span margin
brokerage Fee
knowledge Options
open account
contact poems
 

   Home > knowledge > Futures > Oil Futures > Contract Specification

Heading
Individual Contract specification
Underlying Asset Brent Crude Oil
Ticker Symbol BR
Contract Size
100 Barrels
Contract Months
3 consecutive months
Price Quotation Price will be quoted in Baht per 1 barrel
Minimum Price Fluctuations
THB 1 (THB 100 per contract)
Price Limit
Initial price limit is +10% from the latest settlement price. Should traded price reach the limit, trading will be halted for a certain period announced by TFEX. After trading resumes, the price +20% of the latest settlement price.
Trading Hours
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.
Pre-open: 7:15 p.m. - 7:30 p.m.
Night session: 7:30 p.m. - 10:30 p.m.
Speculative Position Limit
Exchange may announce the position limit as it deems appropriate.
Last Trading Day
(1) The business day preceding the 15th calendar day from the last calendar day of the maturing contract month.
(2) If such 15th day is non-trading day, the last trading day shall be the business day immediately preceding the first business day prior to the 15th day. Time at which trading ceases on Last Trading Day is 22:30 hrs.
Final Settlement Price

The Final Settlement Price shall be calculated on the basis of the ICE Brent Index published on www.theice.com and the foreign exchange rate for Baht to US dollar announced by TFEX.
Settlement Method
Cash Settlement
Exchange Fee

THB 15 plus the licensing fee per contract per side
Brokerage Commission
Freely negotiable
homepage contact us

© 2008 Phillip Securities (Thailand) PCL • all rights reserved.

  POEMS
| Fund SuperMart | Offshore Trading | Share Builder Plan | Dataline | Scoreboard | Online Credit Balance
Thai Language English Language