Stock Index Product
Stock Index Product is one of the indicators of the economic climate and the index can vary depending on diverse factors like economy,
government policy and natural disasters.
Commodities for trading are
KOSDAQ150 FUTURES,
KRX300 FUTURES,
KOSDAQ150 OPTIONS,
KOSPI200 FUTURES ,
KOSPI200 OPTION,
KRX300 FUTURES
The underlying asset of KRX300 FUTURES is a new integration index KRX300 calculated based on 300 blue-chip enterprises listed on the stock market and the KOSDAQ market. KRX300 FUTURES can be effectively used in managing the market risk from price fluctuations of the whole domestic stock market and developing new financial items.
Specification
| Underlying asset | KRX 300 index |
|---|---|
| Trading unit | KRX300 futures price x 50,000 (trade multiplier) |
| Payment month | Mar., Jun., Sept., Dec. |
| Listing payment month |
4 within a year (Mar., Jun., Sept., Dec.) |
| Price indication | KRX300 futures value (point) |
| Asking price unit | 0.2p |
| Minimum price fluctuation |
10,000 won(50,000 won x 0.2) |
| Trading hour | 09:00 ~ 15:45 (09:00 ~ 15:20 for the last trading day) |
| Final trading day | The second Thursday on each payment month (in case of closure day, shall be brought forward in order) |
| Last clearing date | The following trading day of the last trading day |
| Payment option | Cash settlement |
| Price limit | Shall be expanded by stages compared to the base price ① ±8% ②±15% ③±20% |
| Settlement price | Final agreed-upon price (in case of absence of final agreed-upon price, futures theory settlement price) |
| Base price | Settlement price on the previous day |
| Listed on | Mar. 26, 2018 |
