- KOSPI 200 Futures
KOSPI 200 Futures Underlying Asset KOSPI 200 Index Contract Size KOSPI 200 Futures price times KRW 250,000 Contract Months The seven contract months within 3 years.
(1 of March, September, 2 of June, and 3 of December)
Trading Hours 09:00 ~ 15:45 (09:00 ~ 15:20 on the last trading day) Tick Size & Value 0.05 point(KRW 12,500)
Last Trading Day Second Thursday of the contract month Final Settlement Day The following day of the last trading day Final Settlement Cash Daily Price Limit ① ±8% ② ±15% ③ ±20% price limits are applied to the futures base price Position Limit
Individual 10,000 contracts Others 20,000 contracts Listing date May 3, 1996
- No-Action Letter
- KRX received a No-Action Letter for the KOSPI 200 Futures from the U.S. Commodity Futures Trading Commission (CFTC) on Nov 26 2008(Iocal time U.S.A.)
- The No-Action Letter issued by the CFTC states that they would not recommend enforcement action if KOSPI 200 Futures product is offered and sold in the United States. Accordingly, U.S. registered futures commission merchants (FCMs) are now allowed to accept orders for KOSPI 200 Futures from U.S. investors.