Futures

Step into the dynamic world of futures trading – Invest in a wide range of asset classes, from commodities and currencies to stock indices

What are Futures

Futures are standardized, exchange-traded contracts between two parties to buy or sell an asset (often commodities, bonds, currencies or financial indices) at a future date and time. Characterized by the use of leverage, it can be used to hedge or speculate on the price movement of the underlying asset.

Contract Denomination	Rookie SGD 19,999 and below	All-Star SGD 20,000 – 50,000	Hall of Fame SGD 50,001 and above
AUD	AUD 10/Contract	AUD 10/Contract	AUD 10/Contract
CAD	CAD 6/Contract	CAD 6/Contract	CAD 6/Contract
CHF	CHF 8/Contract	CHF 8/Contract	CHF 8/Contract
CNH	CNH 50/Contract	CNH 50/Contract	CNH 50/Contract
GBP	GBP 5/Contract	GBP 5/Contract	GBP 5/Contract
HKD	HKD 30/Contract	HKD 30/Contract	HKD 30/Contract
JPY	JPY 1,000/Contract	JPY 1,000/Contract	JPY 1,000/Contract
USD	USD 6/Contract	USD 6/Contract	USD 6/Contract

Futures Sub-Account

What is the purpose of the Futures sub-account created under my main account?

The Futures sub-account created under your main trading account is to facilitate your Futures trading as you had passed the Customer Account Review (CAR) assessment and is eligible to trade Futures products.

More importantly, it is set up for the purpose of complying with SGX-DC Clearing House rule on acceptable margin collaterals as we are a member of the Singapore Exchange. The Futures sub-account operates separately from the main account and you have to fund it when you are ready to trade.

All your Futures orders and positions can be monitored and managed in this sub-account with margin utilisation and margin call computed independently of your main account.

Where can I view the Futures sub-account in my trading platform?

The Futures sub-account can be accessed and viewed in your trading platform by selecting the sub-account at the bottom left corner of the screen.

What do I need to do to start trading Futures?

You will need to put funds into the Futures sub-account when you are ready to start trading as it is independent of the main account.

If you have funds in your main account, the fastest way to fund is to effect an internal transfer from the main account to the sub-account using the transfer feature within the trading platform as it will be immediate.

Other modes of funding are via internet banking FAST or Telegraphic Transfer (TT) but these must be completed before 5pm for the funds to be deposited into your Futures sub-account on the same business day.

Any fund transfer done after 5pm will be credited on the next business day.

How do I continue to be eligible to trade Futures?

To be eligible to trade Futures which is categorised as a listed Specified Investment Product (SIP), you will need to ensure you have a valid Customer Account Review (CAR) as there is a 3-year expiry date.

What happens if I do not fulfill any of the Customer Account Review (CAR) criteria?

You may still qualify to trade Futures if you go through and pass the SGX Online Education programme for CAR (SGX Online Education for listed SIPS). CAR qualifications under My Account.