Mini Malaysian Ringgit/US Dollar Futures79696478
ICE Futures Singapore

Mini Malaysian Ringgit/US Dollar Futures

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
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
MYR/USD
Physical
SMD
Logical
SMD
GMI (FC)
ION A.C.N.