Malaysian Ringgit/US Dollar Futures

Malaysian Ringgit/US Dollar Futures60152422

Description

Malaysian Ringgit/US Dollar Futures

Market Specifications

Trading Screen Product Name
MYR/USD
Trading Screen Hub Name
ICSG
Commodity Code
SMD
Contract Size
500,000 Malaysian Ringgit
Currency
USD
Trading Price
US Dollar per Malaysian Ringgit (MYR/USD)
Minimum Price Fluctuation
USD 0.00001 per Malaysian Ringgit (USD 5 per tick)
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.
Contract Security
ICE Clear Singapore acts as the central counterparty for trades conducted on ICE Futures Singapore. This enables it to guarantee the financial performance of every contract registered with it by clearing members up to and including exercise and/or settlement.
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.
Daily Margin
All open contracts are marked-to-market daily.
Contract Series
Monthly for all twelve calendar months for thirteen consecutive calendar months. A new contract is listed for trading on the business day following the last trading day of the expiring month.
Delivery/Settlement Basis
Cash-settled
Business Days
ICE Futures Singapore business days
MIC Code
IFSG
Clearing Venues
ICSG
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Trading Hours

CityTradingPre-Open
New York7:00 PM - 5:00 PM*
19:00 - 17:00
6:55 PM
18:55
London12:00 AM - 10:00 PM*
00:00 - 22:00
11:55 PM
23:55
Singapore8:00 AM - 6:00 AM*
08:00 - 06:00
7:55 AM
07:55

*Next Day

Codes

Clearing Admin Name
MYR/USD
Physical
SMD
Logical
SMD
GMI(FC)
R&N A.C.N.