CFFEX CSI 300 Index Futures

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CFFEX CSI 300 index futures began trading on the China Financial Futures Exchange (CFFEX) in April 2010. The underlying index, the CSI 300 Index, is the stock index that China Securities Index Co., Ltd. composed with the 300 largest A-Shares listed on the Shanghai Stock Exchange (179 stocks) and Shenzhen Stock Exchange (121 stocks).

Each CFFEX CSI 300 index futures contract is worth 300 yuan times the CSI 300 Index.

In the spring of 2015, CSI 300 stock index futures surpassed the S&P 500 futures in turnover to become the world's most traded equity futures.[1] Daily volumes reached 1.5 million contracts on May 8, exceeding the 1.4 million e-mini S&P 500 contracts traded that day.



CSI 300 Index futures
Exchange China Financial Futures Exchange
Settlement Cash settled
Contract Size 300 yuan times the CSI 300 Index
Pricing Unit 30 yuan
Tick Value 60 yuan
Contract Months The current and next months as well as two following months in the quarterly cycle
Last Trading Day The third Friday in the contract month
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 9:15 a.m.-11:30a.m., 1:15 p.m-3:15 p.m. (1:15 p.m-3p.m. on the last trading day)
Ticker Symbol N/A IF
Price Limits N/A 10 percent above or below the previous day's settlement price

References

  1. China's stock index futures unseat S&P to become world's most traded. Reuters.