SGX Rulebooks
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Past version: Effective from 19 Jun 2023 to 20 Aug 2023

MINIMUM TICK SCHEDULE FOR NEGOTIATED LARGE TRADES

 

ContractMarket Tick SizeNLT Tick Size
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 Singapore Index Futures and Options0.05 index points (S$5)0.01 index points (S$1)
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)
NSE IFSC Nifty 50 Index Futures0.5 index points (US$1)0.01 index points (US$0.02)
NSE IFSC Nifty Bank Index Futures1 index points (US$1)0.01 index points (US$0.01)
NSE IFSC Nifty IT Index Futures1 index points (US$1)0.01 index points (US$0.01)
NSE IFSC Nifty Financial Services Index Futures1 index points (US$1)0.01 index points (US$0.01)
NSE IFSC Nifty 50 Index Options0.5 index points (US$1)0.01 index points (US$0.02)
NSE IFSC Nifty Bank Index Options1 index points (US$1)0.01 index points (US$0.01)
NSE IFSC Nifty IT Index Options1 index points (US$1)0.01 index points (US$0.01)
NSE IFSC Nifty Financial Services Index Options1 index points (US$1)0.01 index points (US$0.01)
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 Panamax 82 Route P2A FuturesUS$1 per dayUS$1 per day
SGX Baltic Panamax 82 Route P3A FuturesUS$1 per dayUS$1 per day
SGX Baltic Panamax 82 Route P2E FuturesUS$1 per dayUS$1 per day
SGX Baltic Panamax Voyage P8 Route FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
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 C3 Route FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
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 Container Freight Route FBX01 FuturesUS$1 per FEUUS$1 per FEU
SGX Baltic Container Freight Route FBX03 FuturesUS$1 per FEUUS$1 per FEU
SGX Baltic Container Freight Route FBX11 FuturesUS$1 per FEUUS$1 per FEU
SGX Baltic Container Freight Route FBX13 FuturesUS$1 per FEUUS$1 per FEU
SGX Baltic Handysize Time Charter Average (7 Routes) FuturesUS$1 per dayUS$1 per day
SGX Baltic LNG Freight Route BLNG1g (LNG Fuel) FuturesUS$1 per dayUS$1 per day
SGX Baltic LNG Freight Route BLNG2g (LNG Fuel) FuturesUS$1 per dayUS$1 per day
SGX Baltic LNG Freight Route BLNG3g (LNG Fuel) FuturesUS$1 per dayUS$1 per day
SGX Baltic Panamax Time Charter Average (4 Routes) FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Panamax Time Charter Average (4 Routes) Futures ContractUS$0.01 per dayUS$0.01 per day
SGX Baltic Panamax Time Charter Average (5 Routes) FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Panamax Time Charter Average (5 Routes) 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 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)
SGX EUR/CNH FuturesCNH 0.0001 (CNH 10)CNH 0.0001 (CNH 10)
SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX FM Cobalt Hydroxide CIF China FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX FM Lithium Carbonate CIF CJK (Battery Grade) FuturesUS$0.01 per kilogramUS$0.01 per kilogram
SGX FM Lithium Hydroxide CIF CJK (Battery Grade) FuturesUS$0.01 per kilogramUS$0.01 per kilogram
SGX FTSE Asia ex Japan ESG Index Futures0.2 index points (US$5)0.0001 index points (US$0.0025)
SGX FTSE Asia ex Japan Net Total Return (USD) Index Futures0.1 index points (US$5)0.0001 index points (US$0.005)
SGX FTSE Asia ex Japan Index Futures0.1 index points (US$5)0.0001 index points (US$0.005)
SGX FTSE Australia Net Total Return (USD) Index Futures0.5 index points (US$5)0.0001 index points (US$0.001)
SGX FTSE Blossom Japan Index Futures0.025 index points (¥1250)0.0001 index points (¥5)
SGX FTSE China A50 Index Futures1 index point (US$1.00)0.01 index points (US$0.01)
SGX FTSE China H50 Index Futures2.5 index points (US$5)0.01 index points (US$0.02)
SGX FTSE China H50 Index Options2.5 index points (US$5)0.01 index points (US$0.02)
SGX FTSE Emerging Asia ESG Index Futures0.2 index points (US$10)0.0001 index points (US$0.005)
SGX FTSE Emerging ESG Index Futures0.2 index points (US$10)0.0001 index points (US$0.005)
SGX FTSE Emerging Market Asia Net Total Return (USD) Index Futures0.1 index points (US$5)0.0001 index points (US$0.005)
SGX FTSE Emerging Market Asia Index Futures0.1 index points (US$10)0.0001 index points (US$0.01)
SGX FTSE Emerging Market inc Korea Net Total Return (USD) Index Futures0.5 index points (US$12.50)0.0001 index points (US$0.0025)
SGX FTSE Emerging Market Index Futures0.1 index points (US$10)0.01 index points (US$1)
SGX FTSE Emerging Market Net Total Return (USD) Index Futures0.05 index points (US$10)0.0001 index points (US$0.02)
SGX FTSE EPRA Nareit Asia ex Japan Index Futures0.5 index points (US$5)0.5 index points (US$5)
SGX FTSE Indonesia Index Futures1 index point (US$5)0.01 index points (US$0.05)
SGX FTSE Indonesia Net Total Return (USD) Index Futures1 index point (US$2)0.0001 index points (US$0.0002)
SGX FTSE Japan Net Total Return (USD) Index Futures0.5 index points (US$12.50)0.0001 index points (US$0.0025)
SGX FTSE Malaysia Net Total Return (USD) Index Futures0.5 index points (US$5)0.0001 index points (US$0.001)
SGX FTSE Malaysia Index Futures0.1 index points (US$5)0.01 index points (US$0.50)
SGX FTSE New Zealand Net Total Return (USD) Index Futures0.5 index points (US$5)0.0001 index points (US$0.001)
SGX FTSE Philippines Net Total Return (USD) Index Futures1 index point (US$2)0.0001 index points (US$0.0002)
SGX FTSE Philippines Index Futures0.2 index points (US$5)0.01 index points (US$0.25)
SGX FTSE Saudi Arabia Net Total Return (USD) Index Futures0.5 index points (US$5)0.0001 index points (US$0.001)
SGX FTSE Taiwan Net Total Return (USD) Index Futures1 index point (US$10)0.0001 index points (US$0.001)
SGX FTSE Taiwan Index Futures0.25 index points (US$10)0.01 index points (US$0.40)
SGX Options on SGX FTSE Taiwan Index Futures0.05 index points (US$2)0.01 index points (US$0.4)
SGX FTSE Thailand Net Total Return (USD) Index Futures1 index point (US$2)0.0001 index points (US$0.0002)
SGX FTSE Thailand Index Futures0.05 index points (US$5)0.01 index points (US$1)
SGX FTSE Vietnam 30 Index Futures1 index point (US$5)0.01 index points (US$0.05)
SGX FTSE Vietnam Net Total Return (USD) Index Futures0.5 index points (US$5)0.0001 index points (US$0.001)
SGX iEdge S-REIT Leaders Index Futures0.3 index points (SG$7.50)0.3 index points (SG$7.50)
SGX ICIS Isomer MX FOB Korea FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX ICIS MEG CFR China FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
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$15)US$0.0001 per 100,000 IDR (US$1.50)
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 (Full-Sized) FuturesUS$0.00005 per 1,000 Korean won (US$6.25)US$0.00001 per 1,000 Korean won (US$1.25)
SGX KRW/USD (Mini) 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 Options on MB Iron Ore CFR China (65% Fe Fines) Index Futures ContractUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX MSCI AC Asia ex Japan Climate Action NTR (USD) Index Futures0.2 index points (US$10)0.001 index points (US$0.05)
SGX MSCI Europe Climate Action NTR (USD) Index Futures0.2 index points (US$10)0.001 index points (US$0.05)
SGX MSCI Japan Climate Action NTR (USD) Index Futures0.2 index points (US$10)0.001 index points (US$0.05)
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 USA Climate Action NTR (USD) Index Futures0.2 index points (US$10)0.001 index points (US$0.05)
SGX MSCI World Climate Action NTR (USD) Index Futures0.2 index points (US$10)0.001 index points (US$0.05)
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$5)US$0.0001 per 100 MYR (US$0.50)
SGX Mysteel Shanghai Rebar (USD) FuturesUS$0.25 per metric tonneUS$0.25 per metric tonne
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 Climate PAB Futures2.5 index points (¥625)0.01 index points (¥2.50)
SGX Nikkei 225 Index Total Return Futures5 index points (¥2500)0.01 index points (¥5)
SGX Nikkei ESG-REIT Index Futures0.2 index points (¥500)0.01 index points (¥25)
SGX-NZX Global Whole Milk Powder (WMP) FuturesUS$5 per metric tonneUS$5 per metric tonne
SGX-NZX Global Whole Milk Powder (WMP) OptionsUS$0.50 per metric tonneUS$0.50 per metric tonne
SGX-NZX Global Skim Milk Powder (SMP) FuturesUS$5 per metric tonneUS$5 per metric tonne
SGX-NZX Global Skim Milk Powder (SMP) OptionsUS$0.50 per metric tonneUS$0.50 per metric tonne
SGX-NZX Global Anhydrous Milk Fat (AMF) FuturesUS$5 per metric tonneUS$5 per metric tonne
SGX-NZX Global Butter (BTR) FuturesUS$5 per metric tonneUS$5 per metric tonne
SGX-NZX NZ Milk Price (MKP) FuturesNZ$0.01 per kgMS(1) (NZ$60)NZ$0.01 per kgMS(1) (NZ$60)
SGX-NZX NZ Milk Price (MKP) OptionsNZ$0.01 per kgMS(1) (NZ$60)NZ$0.01 per kgMS(1) (NZ$60)
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$5)US$0.0001 per 1,000 PHP (US$0.50)
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 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 Marine Fuel 0.5% FOB Singapore Index FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Platts Methanol CFR China FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
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 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 Visco Spread FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Singapore Single Stock Futures

Group 1:
  • AREIT Futures
  • Comfortdelgro Futures
  • Genting Futures
  • Singtel Futures
  • Thai Beverage Futures
  • Wilmar Futures
  • Yangzijiang Shipbldg Futures

Group 2:
  • Capitaland Investment Futures
  • DBS Futures
  • Keppel Futures
  • OCBC Futures
  • Top Glove Futures
  • UOB Futures
 

Group 3:
  • Asia HY Bond ETF Futures
 


Group 1: S$0.001








Group 2: S$0.005








Group 3: US$0.005


Group 1: S$0.0001








Group 2: S$0.0001








Group 3: US$0.0001
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 (62% Fe Fines) Index FuturesUS$0.05 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 (Full-Sized) FuturesUS$0.0005 per 1,000 TW$ (US$1.50)US$0.0001 per 1,000 TW$ (US$0.30)
SGX TWD/USD (Mini) FuturesUS$0.0001 per 10 TW$ (US$10)US$0.0001 per 10 TW$ (US$10)
SGX USD/CNH (Full-Sized) FuturesCNH 0.0001 (CNH 10)CNH 0.0001 (CNH 10)
SGX USD/CNH (Mini) FuturesCNH 0.0001 (CNH 2.50)CNH 0.0001 (CNH 2.50)
SGX Option on USD/CNH (Full-Sized) FuturesCNH 0.0001 (CNH 10)CNH 0.0001 (CNH 10)
SGX USD/INR (USD) FuturesUS$0.0025 (US$2.50)US$0.0025 (US$2.50)
SGX USD/INR (USD) Month-end FuturesUS$0.0025 (US$2.50)US$0.0025 (US$2.50)
SGX Option on USD/INR (USD) Futures0.0025 (US$2.50)0.0025 (US$2.50)
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 (Full-Sized) FuturesS$0.00005 (S$5.00)S$0.00005 (S$5.00)
SGX USD/SGD (Mini) 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
SGX United States Single Stock Futures

Group 1:
  • SEA Futures

Group 2:
  • TSMC Futures
 

Group 3:
  • Grab Futures
 


Group 1: US$0.20


Group 2: US$0.10



Group 3: US$0.005


Group 1: US$0.01


Group 2: US$0.01



Group 3: US$0.0001
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)

 

 

Note (1): “kgMS” means “kilogram of milk solids”.

Amended on 6 December 201016 December 201024 January 201115 February 201111 June 201216 July 201225 February 20135 August 201330 September 201321 October 201311 November 201325 November 201316 December 201320 January 201417 February 20143 April 20144 August 201425 August 20141 September 201429 September 201420 October 20142 December 20145 January 201519 January 20159 February 20159 March 201531 August 201531 August 20155 October 20152 November 20157 December 201525 January 20161 February 201628 March 201628 March 201629 March 20164 April 20163 May 20162 June 20164 July 201611 July 201631 October 201614 November 20165 December 201627 February 201727 March 201722 May 2017 and 12 June 201717 July 201717 July 201721 August 201718 September 201718 September 201723 October 201713 November 20175 February 201826 March 20189 April 20189 April 201821 May 2018,  04 June 2018,  25 June 201825 June 201823 July 201823 July 201824 September 20183 December 201818 March 201913 May 201927 May 201929 July 201916 September 201921 October 201918 November 20192 December 201913 January 202024 February 202016 March 202018 May 202015 June 202020 July 20203 August 202024 August 202014 September 20201 October 20205 October 202012 October 2020, 23 November 2020, 25 January 2021, 1 March 2021, 15 March 2021, 1 April 2021, 19 April 2021, 10 May 2021, 14 June 2021, 12 July 2021, 2 August 2021, 16 September 2021, 22 November 2021, 6 December 2021, 24 January 2022, 28 February 2022, 27 June 2022, 18 July 2022, 29 July 2022, 26 September 2022, 31 October 2022, 21 November 2022, 20 February 2023, 20 March 2023, 8 June 2023 and 19 June 2023.