Mini Korean Won / US Dollar Futures79696448
ICE Futures Singapore

Mini Korean Won / US Dollar Futures

Description

Cash-settled mini Korean Won/US Dollar Futures

Market Specifications

Trading Screen Product Name
Mini KRW/USD
Trading Screen Hub Name
ICSG
Contract Symbol
SWD
Contract Size
KRW 10,000,000
Currency
USD
Trading Price Quotation
USD per Korean Won (KRW/USD)
Minimum Price Fluctuation
USD 0.0001 per 1,000 Korean Won (USD 1 per contract)
Contract Series
Up to thirteen consecutive calendar months
Last Trading Day
Trading ceases at 3:00 PM Seoul time (2:00 PM Singapore time) on the last Korea business day of the contract expiry month. 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 USD/KRW spot exchange rate multiplied by 1,000 (rounded to 4 decimal places) reported by Seoul Money Brokerage Services (“SMBS”) at approximately 3:00 PM Seoul time (2:00 PM Singapore 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
Position Limit
Trading Hours
MIC Code
IFSG
Clearing Venues
ICSG

Trading Hours

CityTradingPre-Open
New York8:30 PM - 6:00 PM*
20:30 - 18:00
8:25 PM
20:25
London1:30 AM - 11:00 PM*
01:30 - 23:00
1:25 AM
01:25
Singapore8:30 AM - 6:00 AM*
08:30 - 06:00
8:25 AM
08:25

*Next Day

Codes

Clearing Admin Name
KRW/USD
Physical
SWD
Logical
SWD
GMI (FC)
ION A.C.N.