Underlying asset |
Underlying Asset List(SSF) (Click) |
Month of settlement |
Two non-quarterly months, four quarterly months (March, June, September, December). |
Last trading day |
2nd Thursday of the contract month |
First trading day |
The 1st business day after the last trading day |
Trading hours |
08:45 ~ 15:45 (08:45 ~ 15:20 on the last trading day) |
Contract size |
10 shares |
Price indication |
Price of equity futures (KRW) |
Final settlement date |
Following day of the final trading day |
Tick size |
Tick Size
The price of single stock futures |
Tick size |
Less than KRW 2,000 |
KRW 1 |
KRW 2,000 ~ Less than KRW 5,000 |
KRW 5 |
KRW 5,000 ~ Less than KRW 20,000 |
KRW 10 |
KRW 20,000 ~ Less than KRW 50,000 |
KRW 50 |
KRW 50,000 ~ Less than KRW 200,000 |
KRW 100 |
KRW 200,000 ~ Less than KRW 500,000 |
KRW 500 |
KRW 500,000 or more |
KRW 1000 |
|
Daily price limit |
① 10% ② 20% ③ 30% price limits are applied to the futures base price (only the 1st phase price limit is applied during 08:45~09:00) |
Maximum order quantity |
The quantity separately set by the KRX among 1,000 contracts, 2,000 contracts, 5,000 contracts and 10,000 contracts (for more details, refer to changes in the quotation quantity limits). |
Margin requirement |
Set according to respective riskiness of underlying equities |
Periodic call auction |
When the market opens (08:30 - 08:45) and trading ends except on the final trading day (15:35 ~ 15:45). |
Trading suspension if necessary (Circuit Breakers) |
Trading of equity futures is suspended temporarily when the stock price changes dramatically. |