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Download Philippine Peso/US Dollar Futures
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ICE Futures Singapore Jun 16, 2017 Philippine Peso/US Dollar Futures Contract Specifications Description Philippine Peso/US Dollar Futures Contract Symbol SPD Contract Size PHP 5,000,000 Currency USD Trading Price US Dollar per Philippine Peso (PHP/USD) Minimum Price Flux USD 0.0001 per 100 Philippine Pesos (USD 5 per tick) Last Trading Day Trading ceases at 11:31 AM Manila time (11:31 AM Singapore time) on the last Philippines business day of the contract expiry month. Contract Security ICE Clear Singapore acts as the central counterparty for trades conducted on ICE Futures Singapore. This enables it to guarantee the financial performance of every contract registered with it by clearing members up to and including exercise and/or settlement. Settlement The final settlement price will be equal to the reciprocal of the USD/PHP FX settlement rate multiplied by 100 (rounded to 4 decimal places) reported by the Philippine Dealing System at approximately 11:31 AM to 11:46 AM Manila time (11:31 AM Singapore time to 11:46 AM Singapore time) on the last trading day. Daily Margin All open contracts are marked-to-market daily. ICE Help Desk: Atlanta + 1 770 738 2101, London + 44 (0)20 7488 5100 or [email protected] 1 Contract Specifications Contract Series Monthly for all twelve calendar months for thirteen consecutive calendar months. A new contract is listed for trading on the business day following the last trading day of the expiring month. Delivery/Settlement Basis Cash-settled Business Days ICE Futures Singapore business days ICE Help Desk: Atlanta + 1 770 738 2101, London + 44 (0)20 7488 5100 or [email protected] 2
