Single Stock Futures

Invest in individual Thai stock price movements with MTS Capital through Single Stock Futures on TFEX. These futures contracts reference eligible listed shares. Investors can go long when expecting prices to rise or short when expecting prices to fall, and use the contracts to hedge holdings in the underlying stock. Trading requires margin, with price differences settled in cash.

Product highlights

  • Target an individual stock based on its business outlook and company-specific factors.

  • Go long for a rising-price view or short for a falling-price view; short positions can also hedge holdings in the underlying stock.

  • Calculate exposure using the standard 1,000-share contract and THB 10 tick value.

  • Cash settlement removes share delivery obligations. Margin-based trading can magnify both gains and losses relative to the margin deposited.

Contract Specification

Heading

Contract specifications

Underlying asset

SET-listed ordinary shares designated by TFEX

Ticker symbol

Symbol of the underlying stock

Contract size

1,000 shares per contract

Contract months

Nearest 4 quarterly months: March, June, September, December

Price quotation

THB per share

Minimum price fluctuation

THB 0.01 per share = THB 10 per contract

Daily price limit

±30% of the latest settlement price

Trading hours Thailand time

Morning 09:45–12:30 / Afternoon 13:45–16:55
Pre-open 09:15–09:45 / 13:15–13:45

Position limit

Net positions per underlying stock, in any month or all months combined, must remain within its TFEX-announced limit

Last trading day

Business day before the last business day of the expiry month; expiring contracts stop trading at 16:30

Final settlement price

Underlying stock VWAP over the final 15 minutes and closing transactions on the last trading day; 2 decimals

Settlement method

Cash settlement

TFEX exchange fee

Up to THB 5 per contract per side

Brokerage commission

Negotiable under TFEX rules; client rates follow MTS Capital terms