RSS3 Futures

Details

Heading Contract Specifications
Underlying Asset Natural Rubber Ribbed Smoke Sheet No. 3 according to the Green Book standard. The delivered goods must meet the standard and must be produce by the producer as specified by TCH.
Ticker Symbol RSS3
Contract Size 5,000 Kilograms (5 tons)
Delivery Size 20,000 Kilograms (20 tons)
Contract Months 7 nearest consecutive months
Price Quotation THB per 1 Kilo
Minimum Price Fluctuations THB 0.05 (or THB 250 per contract)
Price Limit + 10% of the latest settlement price
Trading Hours
Pre-open: 09:15 - 09:45 hrs.
Open session: 09:45 - 16:55 hrs.
Position Limit
  1. 1,000 contracts for the nearest contract month
  2. 10,000 contracts for all contracts month combined
Last Trading Day The business day immediately preceding the last business day of the contract month.
Delivery Method

Delivery must be made within the time frame as set out by the TCH at buyer options between:

  1. Free on Board (F.O.B) term at either Bangkok port, Lam Chabang port or other port as specified by the Exchange.
  2. Delivery within local warehouse or other places as agreed upon by the buyer and the seller in the area of Bangkok, Nakornpathom, Pathumthani, Samutprakarn, Samutsakorn, Saraburi, Cholburi, Rayong, Chantaburi or other areas as specified by TCH.
Settlement Method
  • Investors must submit acceptance / delivery notices within the stipulated timeframe for physical delivery. Only investors with capacity to take/deliver physical could submit the notices.
  • In case that delivery notices could not be matched with acceptance notices or investors fails to submit notices, the positions will be cash settled with the Final Settlement Price.
  • The Final Settlement Price will be calculated from the Volume Weight Average Price (VWAP) on the last trading day, providing that trading volume of expiring contract exceeds the level specified by exchange. If the trading volume does not meet the criteria, then use the last 3-Day average of Daily Settlement Price (including last trading day).
Exchange Fee Maximum of THB 40 per contract per side
Brokerage Commission Freely negotiable