Contract

01

Kontrak Berjangka Surat Utang Negara (KBSUN) / Indonesia Government Bond Futures (IGBF) adalah suatu perjanjian yang mewajibkan para pihak untuk membeli atau menjual sejumlah Surat Utang Negara pada harga dan dalam waktu tertentu di masa yang akan datang.

IGB Futures
ProductSUN tenor 5 yearsSUN tenor 10 years
Instrumen codeBM05H6BM10H6
Contract sizeIDR 1,000,000,000IDR 1,000,000,000
QuotationPricePrice
Tick size0.01 (1 bp)0.01 (1 bp)
Tick valueIDR 100,000IDR 100,000
Auto-rejection300bp from reff price300bp from reff price
Initial Margin1% x Contract Size x Number of Contract x Futures Price2% x Contract Size x Number of Contract x Futures Price
Trading hours (WIB)Session I : Monday – Friday : 09.00 – 11.30
Session II : Monday – Friday: 13.30– 15.15
Last Trading Day : 15:00 JATS Time
(the last trading day is the day before a derivative contract expires. On the expiry date, the derivative is no longer tradable)
Session I : Monday – Friday : 09.00 – 11.30
Session II : Monday – Friday: 13.30– 15.15
Last Trading Day : 15:00 JATS Time
(the last trading day is the day before a derivative contract expires. On the expiry date, the derivative is no longer tradable)
Contract month3 months start from March with a four-month cycle (March, June, September and/or December)3 months start from March with a four-month cycle (March, June, September and/or December)
SettlementCash Settlement (T + 1)Cash Settlement (T + 1)
Liquidity ProviderYesYes
Spread LP55 bp (±0.55%)70 bp (±0.70%)
Min Quantity10 contracts10 contracts
02

IDX30 Futures merupakan kontrak berjangka yang menggunakan underlying berupa Indeks Saham. IDX30 Futures menggunakan Indeks Saham IDX30 sebagai acuannya yang mengukur kinerja harga dari 30 saham yang memiliki likuiditas tinggi dan kapitalisasi pasar besar serta didukung oleh fundamental perusahaan yang baik.

Lihat Daftar Konstituen Indeks IDX30 >

CriteriaSpecification
Contract typeKontrak Berjangka Indeks Efek
UnderlyingIndeks IDX30
CurrencyIndonesia Rupiah (IDR)
Tick value (Face-value)IDR 100.000, – per poin index
Sample – Quotation Bid/Offer500.00 / 500.10
Tick size0,10 poin index (equiv. IDR 10.000, – per lot)
Contract month1 month, 2 months, 3 months
Auto-rejection / Daily-price-limit10% of IDX30 Futures Opening Price
Order typeMarket, Limit
Unfulfilled Limit Orders will be cancelled at the end of the Trading Day
Trading hours (WIB)Session I : Monday – Friday : 09.00 – 11.30
Session II : Monday – Friday: 13.30– 15.15
Last Trading Day : 15:00 JATS Time
(the last trading day is the day before a derivative contract expires. On the expiry date, the derivative is no longer tradable)
SettlementCash Settlement (T + 1)
Initial Margin4 – 10% x Index Points x Number of Contracts x Multiplier – varies according to market volatility
Margin CallEquity value 100% or below vs Margin Requirement
Force-liquidationDuring trading hours:
Equity value 50% or below vs Margin Requirement, part or all of the customer’s Open Position will be closed.

30 minutes before end of the trading hours:
Equity value below 100% vs Margin Requirement, part or all of the customer’s Open Position will be closed.

Online Trading Facility
Trading by Phone Facility
Commission chargeIDR 60.000, – / side / lot (online)
IDR 70.000, – / side / lot (by phone)
03

LQ45 Futures merupakan kontrak berjangka yang menggunakan underlying berupa Indeks Saham. LQ45 Futures menggunakan Indeks Saham LQ-45 sebagai acuannya telah dikenal sebagai benchmark saham-saham di Pasar Modal Indonesia dan cukup efektif dalam rangka melakukan tracking secara keseluruhan dari pasar saham di Indonesia.

Lihat Daftar Konstituen Indeks LQ-45 >

CriteriaSpecification
Contract typeKontrak Berjangka Indeks Efek
UnderlyingIndeks LQ-45
CurrencyIndonesia Rupiah (IDR)
Tick value (Face-value)IDR 500.000, – per poin index
Sample – Quotation Bid/Offer800.00 / 800.10
Tick size0,05 poin index (equiv. IDR 25.000, – per lot)
Contract month1 month, 2 months, 3 months
Auto-rejection / Daily-price-limit10% of LQ45 Futures Opening Price
Order typeMarket, Limit
Unfulfilled Limit Orders will be cancelled at the end of the Trading Day
Trading hours (WIB)Session I : Monday – Friday : 09.00 – 11.30
Session II : Monday – Friday: 13.30– 15.15
Last Trading Day : 15:00 JATS Time
(the last trading day is the day before a derivative contract expires. On the expiry date, the derivative is no longer tradable)
SettlementCash Settlement (T + 1)
Initial Margin4 – 10% x Index Points x Number of Contracts x Multiplier – varies according to market volatility
Margin CallEquity value 100% or below vs Margin Requirement
Force-liquidationDuring trading hours:
Equity value 50% or below vs Margin Requirement, part or all of the customer’s Open Position will be closed.

30 minutes before end of the trading hours:
Equity value below 100% vs Margin Requirement, part or all of the customer’s Open Position will be closed.

Online Trading Facility
Trading by Phone Facility
Commission chargeIDR 100.000, – / side / lot (online)
IDR 110.000, – / side / lot (by phone)