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Description

Cash-settled mini Malaysian Ringgit/US Dollar Futures

Market Specifications

Trading Screen Product Name

Mini MYR/USD

Trading Screen Hub Name

ICSG

Contract Symbol

SMD

Contract Size

50,000 Malaysian Ringgit

Currency

USD

Trading Price Quotation

USD per Malaysian Ringgit (MYR/USD)

Minimum Price Fluctuation

USD 0.00001 per Malaysian Ringgit (USD 0.50 per contract)

Contract Series

Up to thirteen consecutive calendar months

Last Trading Day

Trading ceases at 3:00 PM Kuala Lumpur time on the 15th calendar day of the contract expiry month, or if the 15th is a Kuala Lumpur non-market day, the preceding Kuala Lumpur business day. In all cases, such other date as the Exchange specifies on its website from time to time may apply instead.

Final Settlement

The final settlement price will be equal to the reciprocal of the Kuala Lumpur USD/MYR reference rate (rounded to 5 decimal places) reported by Bank Negara Malaysia and Financial Markets Association of Malaysia (“FMA”) at approximately 3:30 PM Kuala Lumpur time on the Last Trading Day.

ICSG will record cash settlement as of the Business Day (as defined in the ICSG rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICSG’s Finance Procedures and its Rules which may affect the timing of such payment.

Off Exchange Trade Types

For information on Block Trades click here.

For information on Exchange for Related Positions click here.

NCR, RL and IPL Levels

For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.

Daily Settlement Window

Click here

Position Limit

Click here

Trading Hours

Click here.

MIC Code

IFSG

Clearing Venues

ICSG

Related Products

• Mini Hong Kong Dollar/US Dollar Futures
• Mini Indonesian Rupiah/US Dollar Futures
• Mini Onshore Renminbi/US Dollar Futures
• Mini Philippine Peso/US Dollar Futures
• Mini US Dollar/Offshore Renminbi Futures

Trading Hours

Codes