TFEX : SET50 Index Futures

SET50 Index is calculated on a Market Capitalization Weight approach using the stock prices of the top 50 listed companies selected by SET in terms of large market capitalization, high liquidity.

SET50 Index Futures is the agreement between the buyer and seller agreeing to buy/sell the SET50 Index at the exercise price on within the expiration period.
 

Contract Specification

A B
Underlying Asset
SET50 Index which is compiled, computed and disseminated by the Stock Exchange of Thailand (S50)
Contract Multiplier THB 200 per index point
Contract Months 3 nearest consecutive months plus the next 3 quarterly months
Price Quotation SET50 Index price
Minimum Price Fluctuations 0.1 index point (or THB 20 per contract)
Price Limit ± 30% of the latest settlement price
Trading Hours
Pre-open:
09:15 - 09:45 hrs.
Morning session:
09:45 - 12:30 hrs.
Pre-open:
13:15 - 13:45 hrs.
Afternoon session:
13:45 - 16:55 hrs.
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 SET50 Index, rounded to the nearest two decimal points as determined by the exchange, and shall be the average value of the SET50 Index taken during last 15 minutes and the closing index value, after deleting the three highest and three lowest values.

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