SCFTM – S&P/TSX CompositeTM Index Mini Futures
Underlying
The S&P/TSX Composite Index is a capitalization-weighted index designed to measure the market activity of stocks listed on the Toronto Stock Exchange.
Trading Unit
Size: C$5 X the level of the S&P/TSX Composite Index Mini futures.
Contract Months
March, June, September and December.
Price Quotation
Quoted in index points.
Last Trading Day
The trading day prior to the Final Settlement Day.
Final Settlement Day
The 3rd Friday of the contract month, providing it be a business day; if not, the 1st preceding day.
Contract Type
Cash settlement. The final settlement price is the Official Opening Level of the underlying index to the Final Settlement Day.
Price Fluctuation
5 index points for outright positions
1 index point for calendar spreads
1 index point for calendar spreads
Reporting Limit
1,000 contracts gross long and short in all contract months combined.
Daily Price Limits
A trading halt in the index futures contract will be invoked in conjunction with the triggering of circuit breakers in the underlying stocks.
Trading Hours (Montréal time)
- Early session: 6:00 a.m. to 9:15 a.m.
- Regular session: 9:30 a.m. to 4:15 p.m.
TopUseful Documents
Trading Procedures
