Single Stock Futures (SSFs)

BSKL just reintroduced Stock futures yesterday. Here's some info from me stock broker.

1st Tranche to be launched
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1.Bursa Malaysia Bhd
2.AirAsia Bhd
3.AMMB Holdings Bhd
4.Berjaya Sports Toto Bhd
5.Genting Bhd
6.IOI Corp Bhd
7.Maxis Communications
8.RHB Capital Bhd
9.Scomi Group Bhd
10.Telekom Malaysia Bhd

Contract Specifications
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Contract Unit: 1000 shares
Contract Value: Price * Contract Unit

Minimum Price Fluctuation:
0.02 point valued at RM20.00

Daily Price Limit: None

Reportable Position:
Open Position of 100 or more open contracts, long or
short, in any one delivery month.

Speculative Position Limit:
1350 contracts, net gross open position, or
2300 contracts, net gross open position.

Contract Months:
Spot month, the next month and the next two calender
quarerly months. The calender quarterly months are
March, June, September and December.

Trading Hours:
First trading session: 8:45am to 12:45pm
Second trading session: 02:30pm to 05:15pm

Final Trading Day:
The last business day of teh contract month.

Final Settlement:
Cash settlement based on the Final Settlement Value.

Final Settlement Value:
The Final Settlement Value shall be the Weighted
Average Price, rounded to two decimal points or in the
event the final settlement value is equidistant
between two minimum price fluctuations, the value
shall be rounded to the higher minimum price
fluctuation of the underlying share prices traded for
the morning and afternoon trading session on Bursa
Malaysia on the Final Trading Day.