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SGX will be revising the minimum tick size for SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures from US$0.01 to US$0.05 with effect from Monday, 25 January 2021. The minimum tick size for calendar spreads and Negotiated Large Trades (NLTs) will remain the same at US$0.01.
To facilitate the revision, please cancel your GTC/GTD orders for these contracts before market closes on Friday, 22 January 2021. Trading activity will not be affected.
Should you have any query on your GTC/GTD orders, you may call our Client Service Desk at (65) 6538 0500 or email futures@phillip.com.sg.