Exchange |
Singapore Commodity Exchange (SICOM) |
Type |
Commodity |
Underlying |
Ribbed Smoked Sheet #3 Rubber |
Currency |
US Dollar (USD) |
Contract Size |
5 metric tonnes |
Tick Size |
0.10 |
Tick Value |
$5.00 USD |
Pre Trade |
07:00 - 07:45 |
Call Auction |
07:45 - 07:54 |
Call Auction Freeze |
07:54 - 07:55 |
Trading Session 1 |
07:55 - 11:30 |
Pre Trade |
11:30 - 13:45 |
Call Auction 2 |
13:45 - 13:59 |
Call Auction Freeze |
13:59 - 14:00 |
Trading Session 1 |
14:00 - 16:55 |
Call Auction 3 |
16:55 - 16:59 |
Call Auction Freeze |
16:59 - 17:00 |
Pre-Close |
17:00 - 17:59
|
Closed |
18:00 |
Pre-Open T+1 |
No T+1 Session |
Trading Session T+1 |
No T+1 Session |
Last Trading Day |
Last day of trading of the month preceding the Delivery Month. |
Settlement Type |
Physical |
Delivery Units |
20 metric tonnes or in multiples thereof |
Methods of Delivery |
Delivery will be made, at the Buyer’s option, either on Warehouse Delivery or FOB terms at port of loading. |
Delivery Period |
At any time of the delivery month but not earlier than the eighth business day of the delivery month. |
Port of Loading |
Singapore, Bangkok |
Contract Months |
12 Consecutive Months |
Negotiated Large Trade (NLT) |
60 lots |
Position Limit |
10,000 lots net long or net short in respect of any one contract month (except for the first Contract Month) or in respect of any or all contract months combined; and 2,000 lots net long or net short in the first Contract Month. SICOM may approve a higher position limit upon application. |
Daily Price Limit |
If the price of any contract month moves 10% above or below the previous day’s settlement price, it will trigger a 15 minutes cooling off period during which orders may be entered but no matching will take place. Trading shall resume automatically after the cooling-off period, there shall be no more price limits for the remainder of the trading hours. |
Initial Margin (outright) |
|
Maintenance Margin (outright) |
|
Clearinghouse Margin (outright) |
|
Listed Spread |
No |
Initial Margin (spread) |
|
Maintenance Margin (spread) |
|
Clearinghouse Margin (spread) |
|
Daily Price Limit |
|
Options |
No |
Exchange Symbol |
RT |
Reuters Symbol |
|
Bloomberg Symbol |
|
ISIN Symbol |
|
SEDOL |
|
Nextview |
|
Six Telekurs |
|
Notes |
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