No | Item | Description |
1 | Interest Rate |
Long / Short: 6% per annum (based on the actual holding days) Minimum charge for 4 days or not less than 0.005 Baht per share. |
2 | Minimum Contract Value |
1,000,000 Baht per underlying per transaction. |
3 | Minimum Trading Volume |
|
4 | Contract Size | 1,000 contracts |
5 | XD |
If the issuing company of the underlying stock has set a cash dividend payment, customers who hold a Long Position before the ex-dividend date will receive a dividend payment at a rate of 90% of the dividend amount when closing the position. For customers who hold a Short Position, the company will notify them to close the Short position at least 4 business days before the ex-dividend date, and they must close the position before the market closes at 16:30 on the day before the ex-dividend date (XD date). If the position is not closed, the customer will have to pay the dividend to the owner of the stock, which will be deducted from the futures price when closing the position (only in cases where the issuer is not called to return the stock by the stock owner). |
6 | XM, XR, XW | In the case of XM, XR, or XW, customers holding a Long Position will not receive any entitlement or benefits from the rights that occur after the XD (Ex-Dividend Date). This applies from 9:30 a.m. on the XM, XR, or XW date, respectively. |
7 | Additional Specification |
Customers must close their position through a Block Trade with Pi and cannot close it themselves on the TFEX platform. On the last trading day of the Single Stock Futures (SSF), customers must close their positions with Pi before 4:00 p.m. They are not allowed to let the SSF expire automatically. However, if customers wish to maintain their existing position, they can inform the Market Officer (IC) to perform a Roll Over* before the SSF expires. |
8 | Nature of Trading |
|
9 | Transaction Fee |
Transaction Fee + Exchange Fee + 7% |
* Roll Over refers to the process of closing the current position of Single Stock Futures (SSF) that is about to expire and simultaneously opening a new position with the next month's SSF contract. This allows investors to maintain their exposure to the underlying stock by transitioning from the expiring contract to the new contract for the following month. The roll-over process is commonly done to avoid having the SSF position automatically expire and to ensure continuous exposure to the underlying asset.