RSS3 Futures

RSS3 Futures Contract Specifications

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	Trading Hours
09:15 - 09:45 hrs.	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:

Free on Board (F.O.B) term at either Bangkok port, Lam Chabang port or other port as specified by the Exchange.
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

Quote Vendor Codes

Bloomberg	Thomson Reuters
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