Major trading schemes for USD Futures
< Major trading schemes for USD Futures >
Items Contents
Products USD Futures (excluding spreads)
Trading days (excluding holidays) Monday night ~ Saturday morning (18:00 ~ 05:00)
Trading hours 18:00~ 05:00 next day (Korean time)
Base price Same as the base price applied for the next day’s regular session
Price limit Closing price of the regular session ± 2.25% (± 4.5% for the regular session)
Order quantity limit 1,000 contracts (5,000 contracts for regular session)
Order type Limit order only (FOK and IOC conditions are possible)
Order correction Corrections for quantity or simultaneous corrections for quantity & price are acceptable (not possible in the regular session)
Order cancellation Order can be cancelled only if the entire quantity of order is cancelled(whole amount cancellation only)
Limit on excessive orders Excessive orders are rejected if it is over the quantity criteria (different from the quantity criteria of the regular session)
Trading method Continuous trading (excluding the single price auction)
Publication of quotes
  • Best 5 bids and offers are available.
  • Total number of bids and offers is not disclosed.
Clearing and settlement Added up to the trading amount of next regular session to be cleared and settled after the closing of next regular session.
Daily settlement Added up to the trading amount of next regular session and settled after the closing of next regular session.
Settlement price Closing price of the next regular session
Other systems Same as the regular session
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