Change in FSP Methodology for SGX Contracts

Change in FSP Methodology for the Following SGX Contracts

With effect from the May 2021 contract month, the Final Settlement Price (FSP) methodology for the SGX MSCI Singapore Index Futures (SGP) and the SGX Straits Times Index Futures (ST) will be revised.

Contracts
Revised Final Settlement Price Methodology
SGX MSCI Singapore Index FuturesThe Final Settlement Price will be the official closing value of the MSCI Singapore Free Index for the Last Trading Day, rounded to two decimal places
SGX Straits Times Index FuturesThe Final Settlement Price will be the official closing value of the Straits Times Index for the Last Trading Day, rounded to two decimal places

Note:

  • There is no change to the trading hours on the Last Trading Day
  • The underlying cash market will close at 5.16pm, while the Futures contracts will close at 5.25pm.

Should you have any query, please call or WhatsApp the Client Service Desk at (65) 6538 0500 or email futures@phillip.com.sg.