Tapioca Chip (TC)

Posted By Steve On Friday, January 8th, 2010 With 0 Comments
Exchange The Agricultural Futures Exchange of Thailand (AFET)
Type Commodity
Underlying Tapioca Chip
Currency Thai Baht (THB)
Contract Size 15 Metric Tonnes
Tick Size 0.01
Tick Value 150 THB
Pre-Open 1
Trading Session 1 10:00- 15:45
Pre-Open 2
Trading Session 2 None
Pre-Open T+1 None
Trading Session T+1 None
Last Trading Day The 10th business day of the Delivery Month
Last Delivery Day The last business day of the Delivery Month
Final Settlement Price A 3-days average price of the mid-interval value of Tapioca Chip traded price announced by the Department of Internal Trade (DIT) in Ayutthaya province.
Settlement Type Physical
Deliverable Grade 10 contracts or 150 metric tonnes.
Deliverable grade must meet the following requirements:
Starch not less than 65%
Fiber not exceeding 5%
Moisture not exceeding 14%
Sand, Silica, and other Substance not exceeding 3%
Normal color and odor
In good condition (not spoiled or moldy)
Delivery Location Warehouse designated by the buyer within the Ayuthaya province
Contract Months 6 consecutive months
First Trading Day  
Position Limit Not greater than 200 contracts in delivery month
Not greater than 2,000 contracts in all contract months combined (A hedger may ask for permission to hold more than this limit)
Initial Margin (outright) 2,200 baht per contract
Maintenance Margin (outright) 1,600 baht per contract
Clearinghouse Margin (outright)  
Listed Spread No
Initial Margin (spread) 3,100 THB
Maintenance Margin (spread) 2,300 THB
Clearinghouse Margin (spread)  
Daily Price Limit 0.11 THB
Options No
Exchange Symbol TC
Reuters Symbol  
Bloomberg Symbol  
ISIN Symbol  

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