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,
KOSPI200 FUTURES
KOSPI200 FUTURES target the KOSPI200 INDEX (calculated in January 3rd, 1990.) based on the aggregate market values of 200 items listed on the stock market.
Specification
| Underlying Asset | KOSPI 200 Index |
|---|---|
| Trading Unit | One contract |
| Contract Months | March, June, September and December |
| Trading Hours | - 09 : 00 ~ 15 : 15 (Mon. - Fri.)- 09 : 00 ~ 14 : 50 (Last trading day) |
| Multiplier | KRW 500,000 |
| Tick Size & Value | 0.05 point, representing a value of KRW 25,000 |
| Last Trading Day | Second Thursday of the contract month |
| Final Settlement Day | The following day of the last trading day |
| Settlement Method | Cash settlement |
| Daily Price Limit | 10% of the previous closing price |
| Position Limit | Individual 5,000 , Others 10,000 |
| Listing date | 3 - May - 1996 |
