Settlement
Cash settlement. Variation margin at Eurex and physical delivery via position establishment in US Dollar Futures on the following trading day at KRX prior to its market opening.
Contract size
One US Dollar Futures contract of the relevant series (USD 10,000).
Price quotation and minimum price change
The price quotation is in points with two decimal places. The minimum price change is 0.1 points, equivalent to a value of KRW 1,000.
Contract term
One exchange day. Eurex Daily USD/KRW Futures on KRX USD Futures can be traded on each day, provided that this day is an exchange day at both Eurex and KRX. Every contract expires at the end of the exchange day on which it has been concluded on the Eurex Exchanges.
Last trading day and final settlement day
Last trading day is the final settlement day. Each trading day of Eurex Daily USD/KRW Futures on KRX USD Futures is also the last trading day. Close of trading is at 21:00 CET.
Daily settlement price
The daily settlement price of Eurex Daily USD/KRW Futures on KRX USD Futures is also the final settlement price and is equivalent to the daily settlement price calculated by KRX for the (Mini-)KOSPI 200 Futures admitted for trading on KRX on the respective exchange day as of the close of trading on KRX. The cash flow resulting from the variation margin will be paid or received in KRW at a correspondent bank account in Korea.
Further details are available in the clearing conditions.
Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 1 contract.