| Price Quoting Method |
100 – R
R = KOFR 3-month compound interest rate
Example: If the 3-month average for Risk-Free rates is 0.635, the price is 99.365
|
| Listed Contrackts |
Four (4) quarterly delivery month contracts are listed in one year and
four non-quarterly delivery month contracts (consecutive months) are additionally listed. |
| Trading Unit |
KRW 1 billion |
| Tick Size & Value |
0.005 point, representing a value of KRW 12,500(2,500,000X0.005) |
| Reference period |
From the third Wednesday (included) of the month,
which is three months before the delivery month of the product,
to the third Wednesday (not included) of the delivery month.
|
| Trading Hours |
09:00~15:45 |
| Last Trading Day |
One day before the third Wednesday of the delivery month |
| Final Settlement Day |
Two days after the last trading day (T+2) |
| Final Settlement |
Cash |
| Position Limit |
not applicable |