The six new SSF contracts will be based on the following underlying stocks :-
- Creative Technology Limited
- Datacraft Asia Limited
- Pacific Century Regional Developments Limited
- Parkway Holdings Limited
- Singapore Exchange Limited
- ST Assembly Test Services Limited
Since the launch of the first fifteen (15) SSF contracts last October, over 18,000 contracts have been traded. The launch of the new SSFs is in line with the growing interest and market participants' request for more SSFs which have been used by both institutional and individual investors for trading and risk management activities.
As in the case of the current SSFs, each SSF contract will trade in lot sizes of 1,000 shares. Thus the contract multiplier of the SSF on Creative Technology Ltd will be 1,000 and will not follow the underlying stock's board lot size of 50 shares.
The September 02 and October 02 contracts on the above SSFs will be available for trading from 15 August 02. Trading of these contracts will be from 9.00 am to 12.30 pm and from 2.00 pm to 5.00 pm, Mondays to Fridays. The SSFs are traded electronically and the contracts will be cash settled on expiry.
