| Exchange |
Sydney Futures Exchange |
| Type |
Index |
| Underlying |
S&P/ASX 200 Index |
| Currency |
Australian Dollar (AUD) |
| Contract Size |
A$25 x index value |
| Tick Size |
1.0 |
| Tick Value |
25 AUD |
| Pre-Open 1 |
|
| Trading Session 1 |
09:50 - 16:30 |
| Pre-Open T+1 |
|
| Trading Session T+1 |
17:10 - 07:00 |
| Pre-Open T+1 |
|
| Trading Session T+1 (No DST) |
17:10 - 08:00 |
| Last Trading Day |
12:00 noon on the Third Thursday of the settlement month |
| Final Settlement Day |
The first business day after expiry, SFE Clearing publishes the final settlement price of the contract. On the second business day after expiry, SFE Clearing settles cash flows as a result of the settlement price. |
| Final Settlement Price |
The Special Opening Quotation of the underlying S&P/ASX 200 Index on the Last Trading Day. The Special Opening Quotation is calculated using the first traded price of each component stock in the S&P/ASX 200 Index on the Last Trading Day, irrespective of when those stocks first trade in the ASX trading day. This means that the first traded price of each component stock may occur at any time between ASX market open and ASX market close (including the Closing Single Price Auction) on the Last Trading Day. Should any component stock not have traded by ASX market close on the Last Trading Day, the last tradedSpecial Opening Quotation. |
| Settlement Type |
Cash |
| Contract Months |
March/June/September/December up to six quarter months ahead and serial months up to two non-financial quarter months ahead. |
| First Trading Day |
|
| Position Limit |
|
| Initial Margin (outright) |
|
| Maintenance Margin (outright) |
|
| Clearinghouse Margin (outright) |
|
| Listed Spread |
No |
| Initial Margin (spread) |
|
| Maintenance Margin (spread) |
|
| Clearinghouse Margin (spread) |
|
| Daily Price Limit |
|
| Index Options |
Yes |
| Exchange Symbol |
AP |
| Reuters Symbol |
|
| Bloomberg Symbol |
|
| ISIN Symbol |
|
| SEDOL |
|
| Notes |
|
