Heading |
Individual
Contract specification |
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. |
Exchange Fee
|
THB 15 plus the licensing fee per contract per side |