Price Quoting Method |
100 – R
R = KOFR 3-month compound interest rate
![KOFR 3-month compound interest rate](/https/global.krx.co.kr/contents/GLB/02/0201/0201040505/GLB0201040505.png)
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 |