SXATM, SXBTM, SXHTM, SXYTM – Sector Index Futures
Underlying
S&P/TSX indices on select sectors of the Canadian economy, namely:
- S&P/TSX Global Gold Index (SXA)
- S&P/TSX Capped Financials Index (SXB)
- S&P/TSX Capped Information Technology Index (SXH)
- S&P/TSX Capped Energy Index (SXY)
Trading Unit
- SXA > C$200 X SXA futures value
- SXB > C$200 X SXB futures value
- SXH > C$500 X SXH futures value
- SXY > C$200 X SXY futures value
Contract Months
March, June, September and December.
Price Quotation
Quoted in index points, expressed to two decimals.
Last Trading Day/Expiration
Trading ceases on the trading day prior to the 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 sectorial index on the Final Settlement Day.
Price Fluctuation
- 0.10 index points for the S&P/TSX Global Gold Index
- 0.10 index points for the S&P/TSX Capped Financials Index
- 0.05 index points for the S&P/TSX Capped Information Technology Index
- 0.10 index points for the S&P/TSX Capped Energy Index
Reporting Limit
500 contracts gross long and short in all contract months combined
Price Limits
A trading halt 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
