SGX Rulebooks
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Past version: Effective from 16 Sep 2019 to 20 Oct 2019

MINIMUM TICK SCHEDULE FOR NEGOTIATED LARGE TRADES

 

ContractMarket Tick SizeNLT Tick Size
Eurodollar Futures and OptionsSpot
0.0025 points (US$6.25)
Subsequent contract months
0.0050 points (US$12.50)
All
0.0001 points (US$0.25)
Euroyen Libor FuturesSpot and subsequent 3 contract months
0.0025 points (¥625)
5thcontract month onwards
0.005 points (¥1,250)
All
0.001 points (¥250)
Euroyen Libor Options0.005 points (¥1,250)0.001 points (¥250)
Euroyen Tibor FuturesSpot and subsequent 3 contract months
0.0025 points (¥625)
5thcontract month onwards
0.005 points (¥1,250)
All
0.001 points (¥250)
Euroyen Tibor Options0.005 points (¥1,250)0.001 points (¥250)
Mini JGB Futures and Options¥0.01 per ¥100 face value (¥1,000)¥0.01 per ¥100 face value (¥1,000)
Mini Nikkei 225 Index Futures1 index point (¥100)0.01 index points (¥1)
MSCI Asia APEX 50 Index Futures0.5 index points (US$25)0.01 index points (US$0.50)
MSCI India Index Futures0.2 index points (US$10)0.01 index points (US$0.50)
MSCI Indonesia Index Futures5 index points (US$10)0.01 index points (US$0.02)
MSCI Malaysia Index Futures0.25 index points (USD$5)0.01 index points (US$0.20)
MSCI Philippines Index Futures1 index point (US$10)0.01 index points (US$0.10)
MSCI Singapore Index Futures and Options0.05 index points (S$5)0.01 index points (S$1)
MSCI Taiwan Index Futures0.1 index points (US$10)0.01 index points (US$1)
MSCI Taiwan Index Options0.01 index points (US$1)0.01 index points (US$1)
MSCI Thailand Index Futures0.25 index points (US$5)0.01 index points (US$0.20)
Nikkei 225 Index Futures5 index points (¥2,500)0.01 index points (¥5)
Nikkei 225 Index Options1 index point (¥500)0.01 index points (¥5)
Nikkei Stock Average Dividend Point Index Futures0.1 index points (¥1,000)0.01 index points (¥100)
SGX API 5 FOB NewCastle Coal FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX AUD/JPY Futures¥ 0.01 (¥ 250)¥ 0.01 (¥ 250)
SGX AUD/USD FuturesUS$0.0001 (US$2.50)US$0.0001 (US$2.50)
SGX Baltic Capesize Time Charter Average (4 routes) FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Capesize Time Charter Average (4 routes) Futures ContractUS$0.01 per dayUS$0.01 per day
SGX Baltic Capesize Time Charter Average (5 routes) FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Capesize Time Charter Average (5 routes) FuturesUS$0.01 per dayUS$0.01 per day
SGX Baltic Capesize Voyage C5 Route Futures ContractUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Baltic Capesize Voyage C7 Route FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Baltic Handysize Time Charter Average FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Handysize Time Charter Average Futures ContractUS$0.01 per dayUS$0.01 per day
SGX Baltic Panamax Time Charter Average FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Panamax Time Charter Average Futures ContractUS$0.01 per dayUS$0.01 per day
SGX Baltic Supramax Time Charter Average (6 routes) FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Supramax Time Charter Average (6 routes) Futures ContractUS$0.01 per dayUS$0.01 per day
SGX Baltic Supramax Time Charter Average (10 routes) FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Supramax Time Charter Average (10 routes) Futures ContractUS$0.01 per dayUS$0.01 per day
SGX CNY/SGD FuturesS$0.0001 per 10 Chinese yuan (S$5)S$0.0001 per 10 Chinese yuan (S$5)
SGX CNY/USD FuturesUS$0.0001 per 10 Chinese yuan (US$5)US$0.0001 per 10 Chinese yuan (US$5)
[deleted][deleted][deleted]
SGX EUR/CNH FuturesCNH 0.0001 (CNH 10)CNH 0.0001 (CNH 10)
SGX FTSE China A50 Index Futures2.5 index points (US$2.50)0.01 index points (US$0.01)
SGX Fuel Oil futuresUS$0.10 per tonneUS$0.10 per tonne
SGX Hot-Rolled Coil (HRC) Steel CFR ASEAN Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX ICIS LLDPE CFR China Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
[deleted][deleted][deleted]
SGX ICIS MEG CFR China FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX ICIS PP Flat Yarn (Raffia) CFR China Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
[deleted][deleted][deleted]
SGX ICIS SM CFR China FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX IHS McCloskey Indonesian 4200kc GAR FOB Thermal Coal FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX IDR/USD FuturesUS$0.001 per 100,000 IDR (US$5)US$0.0001 per 100,000 IDR (US$0.50)
SGX India Single Stock FuturesUS$0.05US$0.01
SGX INR/USD Futures0.01 US cents per 100 rupees (US$2)0.001 US cents per 100 rupees (US$0.20)
SGX Option on INR/USD Futures0.01 US cents per 100 rupees (US$2)0.001 US cents per 100 rupees (US$0.20)
SGX KRW/JPY Futures¥ 0.01 per 1,000 Korean won (¥ 250)¥ 0.01 per 1,000 Korean won (¥ 250)
SGX KRW/USD FuturesUS$0.0001 per 1,000 Korean won (US$2.50)US$0.0001 per 1,000 Korean won (US$2.50)
SGX MB Iron Ore CFR China (58% FE Fines) Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX MB Iron Ore CFR China (65% Fe Fines) Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX MSCI Australia Net Total Return (USD) Index Futures1 index point (US$10)0.0001 index points (US$0.001)
SGX MSCI China Free Price Return (USD) Index Futures2 index points (US$10)0.01 index points
SGX MSCI China Free Price Return (USD) Index OptionsFor premium For premium >= 100 points: minimum tick of 2 index points (US$10)0.01 index points
SGX MSCI China Free Net Total Return (USD) Index Futures0.1 index points (US$5)0.0001 index points (US$0.005)
SGX MSCI EM EMEA NTR (USD) Index Futures0.1 index point (US$10)0.0001 index point (US$0.01)
SGX MSCI EM Latin America NTR (USD) Index Futures0.1 index point (US$10)0.0001 index point (US$0.01)
SGX MSCI Emerging Markets Asia ex China Net Total Return (USD) Index Futures0.5 index points (US$10)0.0001 index points (US$0.002)
SGX MSCI Emerging Markets Asia ex Korea Net Total Return (USD) Index Futures0.5 index points (US$10)0.0001 index points (US$0.002)
SGX MSCI Emerging Markets Asia Net Total Return (USD) Index Futures0.1 index points (US$10)0.0001 index points (US$0.01)
SGX MSCI Emerging Markets ex China Net Total Return (USD) Index Futures1 index point (US$10)0.0001 index points (US$0.001)
SGX MSCI Emerging Markets ex Korea Net Total Return (USD) Index Futures1 index point (US$10)0.0001 index points (US$0.001)
SGX MSCI Emerging Markets Net Total Return (USD) Index Futures0.1 index points (US$10)0.0001 index points (US$0.01)
SGX MSCI Emerging Markets (USD) Index Futures0.1 index points (US$5)0.0001 index points (US$0.005)
SGX MSCI Hong Kong Net Total Return (USD) Index Futures10 index points (US$10)0.001 index points (US$0.001)
SGX MSCI India Net Total Return (USD) Index Futures0.1 index points (US$10)0.0001 index points (US$0.01)
SGX MSCI Indonesia Net Total Return (USD) Index Futures0.5 index points (US$5)0.0001 index points (US$0.001)
SGX MSCI Japan Index Futures0.2 index points (¥500)0.001 index points (¥2.5)
SGX MSCI Japan Net Total Return (JPY) Index Futures0.5 index points (¥500)0.0001 index points (¥0.1)
SGX MSCI Japan Net Total Return (USD) Index Futures1 index point (US$10)0.0001 index points (US$0.001)
SGX MSCI Malaysia Net Total Return (USD) Index Futures0.1 index points (US$10)0.0001 index points (US$0.01)
SGX MSCI New Zealand Net Total Return (USD) Index Futures0.1 index points (US$10)0.0001 index points (US$0.01)
SGX MSCI Pacific ex Japan Net Total Return (USD) Index Futures1 index point (US$10)0.0001 index points (US$0.001)
SGX MSCI Pacific Net Total Return (USD) Index Futures1 index point (US$10)0.0001 index points (US$0.001)
SGX MSCI Philippines Net Total Return (USD) Index Futures0.1 index points (US$5)0.0001 index points (US$0.005)
SGX MSCI Singapore Free Net Total Return (USD) Index Futures0.1 index points (US$5)0.0001 index points (US$0.005)
SGX MSCI Singapore Net Total Return (USD) Index Futures1 index point (US$5)0.0001 index points (US$0.0005)
SGX MSCI Taiwan Net Total Return (USD) Index Futures0.1 index points (US$10)0.0001 index points (US$0.01)
SGX MSCI Thailand Free Net Total Return (USD) Index Futures0.5 index points (US$5)0.0001 index points (US$0.001)
SGX MYR/SGD FuturesS$0.001 per 100 MYR (S$2)S$0.0001 per 100 MYR (S$0.20)
SGX MYR/USD FuturesUS$0.001 per 100 MYR (US$2)US$0.0001 per 100 MYR (US$0.20)
SGX Nifty 50 Index Futures0.5 index points (US$1)0.01 index points (US$0.02)
SGX Nifty 50 Index Options0.5 index points (US$1)0.01 index points (US$0.02)
SGX Nifty Bank Index Futures2 index points (US$2)0.01 index points (US$0.01)
SGX Nikkei 225 Index Total Return Futures5 index points (¥2500)0.01 index points (¥5)
[deleted][deleted][deleted]
SGX Panamax Route P2A Timecharter Futures ContractUS$1 per dayUS$1 per day
SGX Panamax Route P3A Timecharter Futures ContractUS$1 per dayUS$1 per day
SGX Panamax Route P2E Timecharter FuturesUS$1.00 per dayUS$1.00 per day
SGX PHP/USD FuturesUS$0.001 per 1,000 PHP (US$2)US$0.0001 per 1,000 PHP (US$0.20)
SGX PLATTS Benzene FOB Korea Futures ContractUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Platts Benzene-Naphtha Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Platts Dated Brent Index FuturesUS$0.01 per barrelUS$0.01 per barrel
SGX Platts Gasoil FOB Singapore Index FuturesUS$0.01 per barrelUS$0.01 per barrel
SGX Platts Iron Ore CFR China (Lump Premium) Index FuturesUS$0.0001 per dry metric tonne unitUS$0.0001 per dry metric tonne unit
SGX Platts Kerosene FOB Singapore Index FuturesUS$0.01 per barrelUS$0.01 per barrel
SGX Platts Naphtha CFR Japan Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Platts Paraxylene-Naphtha Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX PLATTS PX CFR China Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Platts Singapore Fuel Oil 180cst Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Platts Singapore Fuel Oil 380cst Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Robusta Coffee FuturesUS$1 per tonneUS$1 per tonne
SGX SGD/CNH FuturesCNH 0.0001 (CNH 10)CNH 0.0001 (CNH 10)
SGX SICOM RSS3 FuturesUS$0.001 per kgUS$0.001 per kg
SGX SICOM TSR 20 Rubber OptionsUS$0.001 per kgUS$0.001 per kg
SGX SICOM TSR20 FuturesUS$0.001 per kgUS$0.001 per kg
SGX Singapore Regrade Spread FuturesUS$0.01 per barrelUS$0.01 per barrel
[deleted][deleted][deleted]
SGX Singapore Visco Spread FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX THB/USD FuturesUS$0.005 per 1,000 Thai baht (US$5)US$0.005 per 1,000 Thai baht (US$5)
SGX TSI CFR China Premium JM25 Coking Coal FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX TSI FOB Australia Premium Coking Coal FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Options On TSI FOB Australia Premium Coking Coal FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX TSI Iron Ore CFR China (58% FE Fines) Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX TSI Iron Ore CFR China (62% Fe Fines) Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Options on TSI Iron Ore CFR China (62% FE Fines) Index Futures Option ContractUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX TWD/USD FuturesUS$0.0001 per 10 TW$ (US$10)US$0.0001 per 10 TW$ (US$10)
SGX USD/CNH FuturesCNH 0.0001 (CNH 10)CNH 0.0001 (CNH 10)
SGX Option on USD/CNH FuturesCNH 0.0001 (CNH 10)CNH 0.0001 (CNH 10)
SGX USD/JPY Futures (Standard)¥ 0.005 (¥ 500)¥ 0.005 (¥ 500)
SGX USD/JPY Futures (Titan)¥ 0.005 (¥ 2,500)¥ 0.005 (¥ 2,500)
SGX USD/SGD FuturesS$0.0001 (S$2.50)S$0.0001 (S$2.50)
SGX USEP Monthly Base Load Electricity FuturesS$0.01 per MWhS$0.01 per MWh
SGX USEP Quarterly Base Load Electricity FuturesS$0.01 per MWhS$0.01 per MWh
Straits Times Index Futures1 index point (S$10)0.01 index points (S$0.10)
USD Nikkei 225 Index Futures5 index points (US$25)0.01 index points
(US$0.05)

Amended on 6 December 2010, 16 December 2010, 24 January 2011, 15 February 2011, 11 June 2012, 16 July 2012, 25 February 2013, 5 August 2013, 30 September 2013, 21 October 2013, 11 November 2013, 25 November 2013, 16 December 2013, 20 January 2014, 17 February 2014, 3 April 2014, 4 August 2014, 25 August 2014, 1 September 2014, 29 September 2014, 20 October 2014, 2 December 2014, 5 January 2015, 19 January 2015, 9 February 2015, 9 March 2015, 31 August 2015, 31 August 2015, 5 October 2015, 2 November 2015, 7 December 2015, 25 January 2016, 1 February 2016, 28 March 2016, 28 March 2016, 29 March 2016, 4 April 2016, 3 May 2016, 2 June 2016, 4 July 2016, 11 July 2016, 31 October 2016, 14 November 2016, 5 December 2016, 27 February 2017, 27 March 2017, 22 May 2017 and 12 June 2017, 17 July 2017, 17 July 2017, 21 August 2017, 18 September 2017, 18 September 2017, 23 October 2017, 13 November 2017, 5 February 2018, 26 March 2018, 9 April 2018, 9 April 2018, 21 May 2018,  04 June 2018,  25 June 2018, 25 June 2018, 23 July 2018, 23 July 2018, 24 September 2018, 3 December 2018, 18 March 2019, 13 May 2019, 27 May 2019, 29 July 2019 and 16 September 2019.