[WDM] China Index Futures CFD Hang Seng and FTSE China A50
Hang Seng Index Futures (HKFE:HSI) :
Hong Kong Futures Exchange (HKFE) first introduced HSI futures contracts in May 1986.
Underlying Index: Hang Seng Index.
HKATS Code: HSI
Contract Multiplier: HK$50 per index point
Minimum Fluctuation: One index point
Contract Months:
(1) Short-dated Futures: Spot, next calendar month & next two calendar quarter months
(2) Long-dated Futures: the following 5 December months
Last Trading Day: The Business Day immediately preceding the last Business Day of the Contract Month.
Final Settlement Price: The average of quotations taken at (i) five (5) minute intervals from five (5) minutes after the start of, and up to five (5) minutes before the end of, the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the Last Trading Day.
Trading Hours:
(1) Pre-Market Opening Period: 8:45 am - 9:15 am & 12:30 pm - 1:00 pm.
(2) 9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Last Trading Day).
FTSE China A50 Index Futures (SGX: CN, Currency: USD) :
Traded on the SGX-DT Market. SGX = Singapore Exchange.
SGX FTSE China A50 Index Futures is the world’s only USD-denominated futures offering investors an efficient way to access China A-share market. The SGX FTSE China A50 Index Futures is/are not in any way sponsored, endorsed, sold or promoted by FTSE International Limited (“FTSE”) or the London Stock Exchange Group companies (“LSEG”).
Ticker Symbol: CN.
Product Type: Futures.
Product Category: Equity Index.
Contract Size: US$1 x SGX FTSE China A50 Index Futures Price.
Minimum Price Fluctuation: 1 index point (US$1).
Contract Months: 2 nearest serial months and Mar, Jun, Sep and Dec months on 1-year cycle.
Settlement Basis: Cash settlement.
Last Trading Day: Second last China Business Day of the Contract Month. China Business Day refers to a day on which both the Shanghai Stock Exchange and the Shenzhen Stock Exchange are open for trading.
Trading Hours (Singapore Time):
T Session: Pre - Opening: 8.45 am - 8.58 am. Non - Cancel: 8.58 am - 9.00 am. Opening: 9.00 am - 4.30 pm. Pre - Closing: 4.30 pm - 4.34 pm. Non - Cancel: 4.34 pm - 4.35 pm.
T + 1 Session: Pre - Opening: 4.50 pm - 4.58 pm. Non - Cancel: 4.58 pm - 5.00 pm. Opening: 5.00 pm - 5.15 am.
Last Trading Day: Second last China Business Day of the Contract Month.
Daily Price Limits: ±10% and ±15% from previous day’s settlement price (5 minutes cooling off period when limit is reached). Thereafter no price limits for rest of the day. No price limits for expiring contract on its Last Trading Day.
Final Settlement Price: The Final Settlement Price shall be the official closing price of FTSE China A50 Index rounded to the nearest 2 decimal places.
Position Accountability / Position Limit: Position limit is not applicable to this contract. However, a person owning or controlling more than 15,000 contracts net long or net short in all contract months combined, or such position as the Exchange may prescribe from time to time with prior notification, shall provide, in a timely fashion, upon request by the Exchange, information regarding the nature of the position, trading strategy, and hedging information if applicable.
Negotiated Large Trade: Minimum 50 lots.
Underlying Index Bloomberg Ticker: XIN9I.