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ICE Futures Singapore

Mini Hong Kong Dollar/US Dollar Futures

Description

Cash-settled mini Hong Kong Dollar/US Dollar Futures

Market Specifications

Trading Screen Product Name
Mini HKD/USD
Trading Screen Hub Name
ICSG
Contract Symbol
SHD
Contract Size
HKD 100,000
Currency
USD
Trading Price Quotation
USD per Hong Kong Dollar (HKD/USD)
Minimum Price Fluctuation
USD 0.00001 per Hong Kong Dollar (USD 1 per contract)
Contract Series
Up to thirteen consecutive calendar months
Last Trading Day
Trading ceases at 11:15 AM Hong Kong time (11:15 AM Singapore time) on the last Hong Kong business day of the contract expiry month. In all cases, such other dates as the Exchange specifies on its website from time to time may apply instead.
Final Settlement
The final settlement price will be equal to the reciprocal of the USD/HKD Spot Rate (rounded to 5 decimal places) reported by Hong Kong’s Treasury Markets Association at approximately 11:30 AM Hong Kong time (11:30 AM Singapore time) on the Last Trading Day.

ICSG will record cash settlement as of the Business Day (as defined in the ICSG rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICSG’s Finance Procedures and its Rules which may affect the timing of such payment.
Off Exchange Trade Types
For information on Block Trades click here.

For information on Exchange for Related Positions click here.
NCR, RL and IPL Levels
For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.
Daily Settlement Window
Position Limit
Trading Hours
Other Information
USD/HKD Spot Rate ("Benchmark Data”) is owned and administered by the Treasury Markets Association (“TMA”), and exclusively licensed through London Stock Exchange Group plc (“LSEG”) and its affiliates. All rights remain reserved.

None of LSEG, its affiliates or its third party providers warrant that the provision of the Benchmark Data will be uninterrupted, error free, timely, complete or accurate, nor do they make any warranties as to the results to be obtained from use of the same. Use of the Benchmark Data and reliance thereon is at user’s sole risk. Neither LSEG or its third party providers will in any way be liable to user or any other entity or person for their inability to use the Benchmark Data, or for any inaccuracies (negligent or otherwise), errors, omissions, delays, computer virus or other infirmity or corruption, damages, claims, liabilities or losses, regardless of cause, in or arising from the use of the information. The Benchmark Data is provided on an “as is” basis and without warranty of any kind. No warranties either expressed or implied, including but not limited to any implied warranty of merchantability, fitness for a particular purpose, title, infringement or otherwise is provided hereunder.

In no event will LSEG, its affiliates or its third party providers be liable for any damages, including without limitation direct or indirect, special, consequential, incidental, or party providers shall not be liable in any manner for redistributor’s products or services.

The final settlement price relying on the TMA’s rates is provided as part of and solely in connection with ICE Futures Singapore. Parties may us such final settlement price for commercial purposes that are directly related to the settlement of contracts on ICE Futures Singapore only. No other license is hereby granted in connection with the TMA rates.
MIC Code
IFSG
Clearing Venues
ICSG

Trading Hours

CityTradingPre-Open
New York8:30 PM - 6:00 PM*
20:30 - 18:00
8:25 PM
20:25
London1:30 AM - 11:00 PM*
01:30 - 23:00
1:25 AM
01:25
Singapore8:30 AM - 6:00 AM*
08:30 - 06:00
8:25 AM
08:25

*Next Day

Codes

Clearing Admin Name
HKD/USD
Physical
SHD
Logical
SHD
GMI (FC)
ION A.C.N.
Symbol Code
SHD