SGX Rulebooks
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Past version: Effective from 30 Mar 2026 to 19 Apr 2026

MINIMUM TICK SCHEDULE FOR NEGOTIATED LARGE TRADES

 

ContractMarket Tick SizeNLT Tick Size
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 Options0.01 index points (US$0.02)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 10-Year Japanese Government Bond Futures¥0.01 per ¥100 face value (¥10,000)¥0.01 per ¥100 face value (¥10,000)
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 Argus Ammonia FOB Middle East FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Argus Ammonia CFR East Asia FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Baltic Panamax 82 Route P2E FuturesUS$1 per dayUS$1 per day
SGX Baltic Capesize Time Charter Average (5 routes) 180 FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Capesize Time Charter Average (5 routes) 180 FuturesUS$0.01 per dayUS$0.01 per day
SGX Baltic Capesize Time Charter Average (5 Routes) 182 FuturesUS$1 per dayUS$1 per day
SGX Options on Baltic Capesize Time Charter Average (5 Routes) 182 FuturesUS$0.01 per dayUS$0.01 per day
SGX Options on Baltic Capesize Voyage C5 Route FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
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 BLNG1 (LNG Fuel) 174 FuturesUS$1 per dayUS$1 per day
SGX Baltic LNG Freight Route BLNG2 (LNG Fuel) 174 FuturesUS$1 per dayUS$1 per day
SGX Baltic LNG Freight Route BLNG3 (LNG Fuel) 174 FuturesUS$1 per dayUS$1 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 (10 routes) FuturesUS$1 per dayUS$1 per day
SGX Baltic Supramax Time Charter Average (11 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 Options on Baltic Supramax Time Charter Average (11 Routes) Futures ContractUS$0.01 per dayUS$0.01 per day
SGX Bitcoin Perpetual Futures5 index points (US$1)0.01 index points (US$0.002)
SGX BRL/USD FuturesUS$0.00002 per Brazilian real (US$2)US$0.00001 per Brazilian real (US$1)
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 Ethereum Perpetual Futures0.2 index points (US$1)0.01 index points (US$0.05)
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 Micro FTSE Taiwan Index Futures0.25 index points (US$1)0.01 index points (US$0.04)
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 HKD/CNH FuturesCNH 0.00010 per HKD (CNH 20)CNH 0.00001 per HKD (CNH 2)
SGX HKD/USD FuturesUS$0.00005 per 10 HKD (US$1.00)US$0.00001 per 10 HKD (US$0.20)
SGX Options on HKD/USD FuturesUS$0.00005 per 10 HKD (US$1.00)US$0.00001 per 10 HKD (US$0.20)
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 Methanol CFR China (Specific Origins) FuturesUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX ICIS Methanol CFR Southeast Asia 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 IODEX Iron Ore FuturesUS$0.05 per metric tonneUS$0.01 per metric tonne
SGX Options on IODEX Iron Ore Futures Option ContractUS$0.01 per metric tonneUS$0.01 per metric tonne
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 Mini 10-Year Japanese Government Bond Futures¥0.01 per ¥100 face value (¥1,000)¥0.01 per ¥100 face value (¥1,000)
SGX Mini 20-Year Japanese Government Bond Futures¥0.01 per ¥100 face value (¥1,000)¥0.01 per ¥100 face value (¥1,000)
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 Emerging Market 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 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 Options on MB Iron Ore CFR China (65% Fe Fines) Index Futures ContractUS$0.01 per metric tonneUS$0.01 per metric tonne
SGX Options on Mini 10-Year Japanese Government Bond Futures¥0.01 per ¥100 face value (¥1,000)¥0.01 per ¥100 face value (¥1,000)
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 Three-Month Tokyo Over-Night Average Rate (TONA) Futures0.0025 index points (¥625)0.0025 index points (¥625)
SGX Three-Month Singapore Overnight Rate Average (SORA) Futures0.0025 index points (S$6.25)0.0025 index points (S$6.25)
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 TWD/USD (Full-Sized) FuturesUS$0.0025 per 1,000 TW$ (US$7.50)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 United States Single Stock Futures

Group 1:
  • SEA Futures

Group 2:
  • TSMC Futures

Group 3:
  • Grab Futures 

Group 1: US$0.05


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 Futures0.5 index point (S$1)0.01 index points (S$0.02)
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 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, 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, 16 September 2019, 21 October 2019, 18 November 2019, 2 December 2019, 13 January 2020, 24 February 2020, 16 March 2020, 18 May 2020, 15 June 2020, 20 July 2020, 3 August 2020, 24 August 2020, 14 September 2020, 1 October 2020, 5 October 2020, 12 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, 19 June 2023, 2 October 2023, 1 March 2024, 15 July 2024, 16 July 2024, 29 July 2024, 23 September 2024, 7 October 2024, 2 December 2024, 24 February 2025, 17 March 2025, 17 March 2025, 14 April 2025, 20 January 2025, 2 June 2025, 9 June 2025, 14 July 2025, 14 July 2025, 1 September 2025, 3 November 2025, 10 November 2025, 24 November 2025, 26 January 2026, 9 March 2026, 30 March 2026, and 30 March 2026.