Differences

This shows you the differences between two versions of the page.

--- australia_futures [2018/08/31 11:02] – [Overview] maya
+++ australia_futures [2023/02/27 11:51] (current) – hammed
@@ Line 5: / Line 5: @@
 ASX 24 Futures represent the listed futures contracts on the Australian Securities Exchange.
-[[http://www.asx.com.au/index.htm|Homepage]]
+[[https://www2.asx.com.au/markets/trade-our-derivatives-market/futures-market|Homepage]]
 Currency: Australian Dollar (AUD)
-[[https://www.asx.com.au/about/asx-24-trading-calendar-2018.htm | Trading calendar]]\\
+[[https://www.asx.com.au/about/asx-24-trading-calendar-2020.htm | Trading calendar]]\\
 [[http://www.asx.com.au/about/trading-hours.htm | Trading hours]]
-Trading Hours: 19:50 - 02:30 ET (6 hours 40 minutes)
 ==== Contracts ====
-[[http://www.asx.com.au/prices/asx-futures.htm|ASX 200 SPI Futures]]: contract size / BP = price * A$25
+You can use the following formula to calculate the contract value for each futures series. This value represents the amount of Buying Power (BP) you would need to trade a single contract.
+[[http://www.asx.com.au/prices/asx-futures.htm|ASX 200 SPI Futures]]: contract value = price * A$25
 The symbology format is as follows:
@@ Line 23: / Line 24: @@
 Where:
-CC: contract code, e.g., **AP**\\
+  * CC: contract code, e.g., **AP**
-M: month code, e.g., **H**\\
+  * M: month code, e.g., **H**
-YY: year code (last two digits of the year), e.g., **16**\\
+  * YY: year code (last two digits of the year), e.g., **16**
 For example, ASX SPI 200 futures with March 2016 expiration would be: **AP\H16**
 Please make sure that you familiarize yourself with the expiration dates of the contract and the universal month codes for them. See the [[http://www.asx.com.au/about/expiry-calendar.htm |Expiry calendar]] page for contract expiry dates. The month codes to denote contract expiration months can be found on the [[http://www.cmegroup.com/product-codes-listing/month-codes.html|Contract Month Codes]] page.
 ==== Order Types ====
   * Limit Buy/Sell→ShortSell (Day)
 ==== Basic Market Rules ====
   * Lot Size: 1 contract.
   * Tick Size: varies, please refer to contract specifications.
+  * Circuit Breakers: although the ASX has not established fixed thresholds for circuit breakers or trading halts, trading in a company's shares may be halted from time to time for market-sensitive announcements or at the request of the company.
 ===== Additional Info =====
@@ Line 42: / Line 46: @@
 For more information, see the [[http://www.asx.com.au/regulation/rules/asx-24-operating-rules.htm |ASX 24 Operating Rules]] page.
+===== See Also =====
-===== See Also =====
   * [[market_guides|Market Guides]]