SGX Eurodollar futures
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SGX Eurodollar futures | ||
---|---|---|
Exchange | Singapore Exchange | |
Settlement | Cash settled | |
Contract Size | US$1,000,000 per contract | |
Pricing Unit | 1 basis point (US$25) | |
Tick Value | Quarter-tick trading for spot month futures (0.0025 points valued at US$6.25)
Half-tick trading for second month through tenth year futures contract (0.005 points valued at US$12.50) Quarter-tick trading for second nearest contract month on the last trading day of the expiring contract month | |
Contract Months | 4 nearest serial months and March, June, September and December months on a 10-Year Cycle | |
Last Trading Day | Second London business day immediately preceding the third Wednesday of the contract month. | |
Note: This contract is electronic ONLY -- no open outcry | ||
No Open Outcry | Electronic | |
Trading Hours | N/A | Singapore :
7.45 am - 7.00pm 9.20 pm - 4.00 am** (**MOS trading hours) |
Ticker Symbol | N/A | ED |
Price Limits | N/A | N/A |
SGX Eurodollar options | ||
Trade Unit | One futures contract | |
Point Value | 1 basis point (US$25) | |
Tick Value | 0.005 ppoints equivalent to US$12.50 per tick. Quarter-tick trading for the option contract whose underlying futures contract is also trading in quarter-ticks. (0.0025 points valued at US$6.25) | |
Option Months | March, June, September and December months on a 1 Year Cycle | |
Strike Prices | At 0.50 index point intervals for Eurodollar levels below 88.00 and 0.25 index point intervals for Eurodollar levels above 88.00. | |
Exercise Style | Options buyers may exercise on any Eurodollar business day.
Exercise results in a long futures position for a call buyer or a put seller, and a short futures position for a put buyer or a call seller. The futures position is effective on the trading day immediately following the exercise, and is marked-to-market to the settlement that day. | |
No Open Outcry | Electronic | |
Trading Hours | N/A | Singapore : 7.45 am - 7.00 pm |
Ticker Symbol | N/A | Calls: CE Puts: PE |
Price Limits | N/A | N/A |
Notes[edit]
Quotes from Barchart.com[2]
Resources[edit]
Singapore Exchange Contract Specifications of SGX Eurodollar Futures/Options
References[edit]
- ↑ Singapore Eurodollar Futures. Quandl.com.
- ↑ SGX Eurodollar. Barchart.com.