Sector Index Futures
Sector Index Futures is a futures contract with sector index as an underlying. Initially there will be a total of 5 underlying sectors available for trading: Energy and Utilities (ENERG), Food and Beverage (FOOD), Banking (BANK), Commerce (COMM) and Information and Communication Technology (ICT). Similar to the SET50 Index Futures, Sector Index Futures expand the set of tools available to help you manage sector rotation in a portfolio more efficiently. With these contracts, you can seek profits based on how you expect certain market sectors to perform or hedge your sector-related risk. These contracts give investor the ability to individually target and trade major sectors comprising the SET Index.
Read more: Margins
Sector Index Futures Contract Specification
Sector Index computed and disseminated by the Stock Exchange of Thailand. Currently, there are 5 Sector Futures as following:
Heading | Banking | Information & Communication Technology | Energy & Utilities | Commerce | Food and Beverage |
|---|---|---|---|---|---|
Ticker Symbol | BANK | ICT | ENERG | COMM | FOOD |
Multiplier | THB 1,000 per index point | THB 10 per index point | |||
Minimum Tick Size (Tick Value) | 0.10 index point (or THB 100 per contract) | 1 index point (or THB 10 per contract) | |||
Heading | Contract Specification |
|---|---|
Settlement Month | March, June, September, December up to 4 quarters |
Price Quotation | Sector index price |
Daily Price Limit | ±30% of the latest settlement price |
Trading Hour | Pre-open: 09:15 - 09:45 hrs. |
Speculative Position Limit | Net 20,000 contracts in any sector futures contract on one side of the market in any contract month or all contract months combined. |
Last Trading Day | The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:30 hrs. |
Final Settlement Price | The final settlement price shall be the numerical value of the Sector Indices, rounded to the nearest two decimal points as determined by the exchange, and shall be the average value of the Sector Indices taken during last 15 minutes and the closing index value, after deleting the three highest and three lowest values. |
Settlement Method | Cash Settlement |
Commission Rates for Sector Index Futures
Commission rate (Baht/Contract)
BANK Index Futures
No. of contract (per day per account) | Via Marketing Officer | Via Internet |
|---|---|---|
From 1st - 10th contract | 200.00 | 182.00 |
From 11th - 40th contract | 160.00 | 146.00 |
From 41st - 200th contract | 120.00 | 110.00 |
From 201st contract onward | 100.00 | 92.00 |
ENERG Index Futures
No. of contract (per day per account) | Via Marketing Officer | Via Internet |
|---|---|---|
From 1st - 25th contract | 100.00 | 91.00 |
From 26th - 100th contract | 80.00 | 73.00 |
From 101st - 500th contract | 60.00 | 55.00 |
From 501st contract onward | 50.00 | 46.00 |
COMM Index Futures
No. of contract (per day per account) | Via Marketing Officer | Via Internet |
|---|---|---|
From 1st - 25th contract | 100.00 | 91.00 |
From 26th - 100th contract | 80.00 | 73.00 |
From 101st - 500th contract | 60.00 | 55.00 |
From 501st contract onward | 50.00 | 46.00 |
ICT Index Futures
No. of contract (per day per account) | Via Marketing Officer | Via Internet |
|---|---|---|
From 1st - 50th contract | 50.00 | 45.50 |
From 51st - 200th contract | 40.00 | 36.50 |
From 201st - 1000th contract | 30.00 | 27.50 |
From 1001st contract onward | 25.00 | 23.00 |
FOOD Index Futures
No. of contract (per day per account) | Via Marketing Officer | Via Internet |
|---|---|---|
From 1st - 50th contract | 50.00 | 45.50 |
From 51st - 200th contract | 40.00 | 36.50 |
From 201st - 1000th contract | 30.00 | 27.50 |
From 1001st contract onward | 25.00 | 23.00 |
** This price does not include 7% VAT.
