Products
USD Tin Futures (FTIN)
FTIN is a US Dollar ("USD") denominated tin futures contract traded on Bursa Malaysia Derivatives, providing market participants exposure to tin price movements.
Contract Specifications | |
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Contract Code | FTIN |
Underlying Instrument | Refined Tin Metal |
Contract Size | 1 Metric Tons (MT) |
Contract Months | Spot month and the next 11 succeeding months up to 12 months ahead. |
Trading Hours | Monday to Friday (Malaysia time)
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Pricing Unit | United States Dollar (USD) |
Price Limits | There must be no trading at a price more than 10% above or below the settlement prices of the preceding Business Day (“the 10% Limit”) except as provided below: (a) If spot month Contract trades at the 10% Limit, the Exchange will announce a 10-minute cooling off period (“the Cooling Off Period”) for Contracts of all contract months (including the spot month) during which trading may only take place within the 10% Limit for Contracts of all contract months (including the spot month). (b) After the Cooling Off Period, Contracts of all contract month (including the spot month) will be specified as reserved for a period of 5 minutes, after which the price limit will be expanded to 20%. The prices traded for Contracts of all contract months (including the spot month) must then not vary more than 20% above or below the settlement prices of the preceding Business Day ("the 20% Limit"). (c) If spot month Contract trades at the 10% Limit less than 30 minutes before the end of the first trading session, the 10% Limit will apply to Contracts of all contract months (including the spot month) for the rest of the first trading session, and the 20% Limit will apply to Contracts of all contract months (including the spot month) during the second trading session. (d) If spot month Contract trades at the 10% Limit less than 30 minutes before the end of the second trading session, the 10% Limit will apply to Contracts of all contract months (including the spot month) for the rest of the Business Day. |
Minimum Price Fluctuation | USD 1.00 / MT |
Why Trade FTIN? |
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- Global Access
FTIN is traded electronically on CME GLOBEX®, a global electronic trading platform. Accessing CME Globex® is easy and allows individual and professional traders anywhere around the world to access all Bursa Malaysia Derivatives products.
- Risk Management
Tin miners, refiners, consumers, traders, and dealers can use FTIN to manage risk and hedge against the risk of unfavorable price movement in the physical market.
- Leveraged Trading
Gain leveraged exposure to the notional value of the underlying asset with a relatively small amount of capital (Initial Margin), magnifying the effect of a given change in price.
- Immediate Market Exposure
Global fund managers, metals trading advisers and proprietary traders are able to gain exposure to tin price movements.
- Regulated Trading
Trade with confidence in a secure and transparent marketplace regulated by the Securities Commission Malaysia.
Resources for Download |
Brochure Performance Bond / Margin Rates
Contract Specifications
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