Single Stock Futures
Single Stock Futures is intended to be a useful hedging tool to manage the equity market risks and to provide investors with an alternative investments as another means to profit from the price movement of stocks. With the characteristic of futures contracts, investors can profit from both bull and bear market. Currently TFEX have 60 stocks futures available.
Read more: Margins
Single Stock Futures Contract Specification
Heading | Contract Specification |
|---|---|
Underlying Asset | Listed securities in SET which meet TFEX listing criteria. List of underlying will be announced by TFEX. |
Ticker Symbol | Securities Symbol |
Contract Size | 1,000 shares per contract |
Contract Months | March, June, September, December up to 4 nearest quarters |
Price Quotation | Baht per share |
Minimum Price Fluctuations | THB 0.01 |
Price Limit | ± 30% of the previous day settlement price |
Trading Hours | Pre-open: 09:15 - 09:45 hrs. |
Speculative Position Limit | The maximum amount of contract any investor may hold on one side of the market in any contract month or all contract months combined may not exceed the Position Limit as announce by TFEX. |
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 volume weighted average value of the underlying share trading transaction during last 15 minutes and at the closing on the last trading day, rounded to the nearest two decimal points. |
Settlement Method | Cash Settlement |
Commission Rates for Single Stock Futures
Commission rate (Baht/Contract)
Price of Single Stock Futures | Via Marketing Officer | Via Internet |
|---|---|---|
price <= 100 Baht | = 0.50 + 0.10% of Contract Value | = 0.50 + 0.09% of Contract Value |
price > 100 Baht | = 5.00 + 0.10% of Contract Value | = 5.00 + 0.09% of Contract Value |
