Commission Fee of Derivatives Trade (TFEX)

    Commission Fee of SET50 Index Futures (1st Contract Structure) for each customer type and order channel:*

      Commission Fee of SET50 Index Options(1st Contract Structure) for each customer type and order channel:*

      Commission Fee of Single Stock Futures

In case of average Single Stock Futures price for last month over 100.00 baht : (ADVANC, AEONTS, BBL, BH, EGCO, KBANK, PTTEP, SCB, SCC.* )

In case of average Single Stock Futures price for last month below or equal to 100.00 baht

Example: On 4 January 2021, the client has long PTTEP Futures through IC at the futures price of 105.5 Baht. The Commission Fee (excluding VAT) us equal to {(0.1%*105.5 * 1,000) + 5.1} = 110.60 Baht per contract. 

     Commission Fee of ENERG Index Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of BANK Index Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of ICT Index Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of COMM Index Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of FOOD Index Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of 50 Baht Gold Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of 10 Baht Gold Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of Gold-D (1st Contract Structure) for each customer type and order channel:*

Commission Fee of Gold Online Futures (1st Contract Structure) for each customer type and order channel:*

Commission Fee of Silver Online Futures (1st Contract Structure) for each customer type and order channel:*

Commission Fee of Japanese Rubber Futures (1st Contract Structure) for each customer type and order channel:*

      Commission Fee of USD Futures, EUR/USD Futures and USD/JPY Futures (1st Contract Structure) for each customer type and order channel:*

    *** EUR/USD Futures and USD/JPY Futures effective 31st October, 2022 onward.***

       Commission Fee of RSS3/RSS3D Futures (1st Contract Structure) for each customer type and order channel:*

     Commission Fee of Interest Rate Futures*

BB3 Futures (3M BIBOR Futures)

TGB5 Futures (5 Year Government Bond Futures)

Note: * The Commission Fee (excluding VAT) above includes TFEX, TCH and SEC fee. From 5th June 2012 onwards, the derivatives account for every trading channel through both Sales Representative and Internet channels has a minimum commission charge for brokerage fee of 50 Baht per the settlement cycle. The settlement cycle includes the trade from the night session of day T-1 and the trade from the morning session of day T and the afternoon session of day T. The minimum commission charge for brokerage fee does not include the fee payable to Thailand Futures Exchange, Thailand Clearing House and the SEC.

The Company reserves the right to change terms and conditions as well as commission rate (and/or fee rate, as applicable) as it deems appropriate considering economic and competitive conditions during such period.

Data as at 2nd January, 2024.

Derivatives is a type of financial products which its value is derived from the performance of underlying assets and have limited life.

The following symbols represent each expiry month of the derivatives contracts :

F = January, G = February, H = March,         J = April,       K = May,           M = June,

N = July,       Q = August,    U = September, V = October, X = November, Z = December

Trading Calendar :: Click

Futures Exchange can be divided into 2 categories by the nature of the contracts traded. 1.Over the Counter market ( OTC ) which the contract can be customized to suit the buyer and seller needs and 2. Organized Exchange which the derivatives contracts are standardized and identical. The advantages of Organized Exchange are 1.since all derivatives contracts in the series are identical, the buyer and seller will understand the contract specification of these standard contract 2.the Exchange Traded Derivatives can be trade with ease and reduce the costs of finding the buyer and seller for the contracts. Another major advantage of Organized Exchange is that there will be the Clearing House which will act as the agent to smooth the settlement of contract and responsible for fulfill the obligation arise from the derivatives contracts, this will eliminate the counterparty risk which is the risk that one side of the contract cannot fulfill the obligation resulting from the contracts and other side lose benefit that should be received the benefit from the buying or selling of derivatives contracts.

Thailand Futures Exchange Pcl. (TFEX) was established in 2004 by the Stock Exchange of Thailand (SET), as the central marketplace for derivatives trading in Thailand. TFEX is licensed to offer various products whose underlying assets include equities, fixed income instruments, interest rates, and related indices, foreign currencies and non-agricultural commodities such as gold and brent crude oil. As of January 2015, there are 8 major products trading in TFEX which are SET50 Index Futures, SET50 Index Options, Single Stock Futures, Gold Futures, Brent Crude Oil Futures, Interest Rate Futures, USD Futures and Sector Futures.

The clearing and settlements are guaranteed by the Thailand Clearing House Co., Ltd (TCH), one of the subsidiaries of the SET. TCH guarantees all trades by acting as the counter-party for every derivatives trading transaction in TFEX.

Source: All information referenced from TFEX (Thailand Futures Exchange).  Click here for additional details

Underlying assets of SET50 Index Futures is SET50 Index which calculated from the first 50 biggest listed companies in the Stock Exchange of Thailand under the condition that these stocks must satisfy the liquidity condition set by the Stock Exchange of Thailand.

For contract specification of SET50 Index Futures, please click here.

Single Stock Futures is a type of Future products in TFEX which buyer and seller agreed today on the future price and quantity of stocks that will be traded at specific date in the future. The settlement will be done in cash and there will be no physical transfer of stocks.

For contract specification of Single Stock Futures, please click here.

The SET50 Index Option holder have the right but not the obligation to "buy if it is a call option" or "sell if it is a put option" from the SET50 Index Option writer at predetermined price and date already agreed in the contract.

For contract specification of SET50 Index Options, please click here.

For contract specification of Sector Index Futures, please click here.

Underlying asset of Gold Futures is 96.5% purity gold. Buy and seller agreed today on the futures price and quantity of gold that will be traded in the specific date. The settlement will be done in cash and no physical transfer will occur at that date. Currently TFEX offers 2 type of Gold Futures: 50Baht Gold Futures and 10Baht Gold Futures.

For contract specification of Gold Futures 96.5% (50 Thai Baht Gold / 10 Thai Baht Gold), please click here.

For contract specification of Gold-D 99.99%, please click here.

For contract specification of Gold Online Futures 99.5%, please click here.

For contract specification of Silver Online Futures 99.9%, please click here.

For contract specification of USD Futures, please click here.

For contract specification of EUR/USD and USD/JPY Futures, please click here.

For contract specification of 3M BIBOR Futures, please click here.

For contract specification of 5Y Gov Bond Futures, please click here.

• TFEX Trading Calendar