Derivative instrument - Bet site
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Details of the derivative instrument Active products of the instrument
Name of Underlying Product / Contract HIGH OIL CONTENT SUNFLOWER SEED
Contract Size100 tons of high oil content sunflower seed
Price Settingthe price of 1 ton of high oil content sunflower seed in HUF
Price Interval10 HUF
Value of Price Interval1,000 HUF
Delivery parity, basic principle for cost split of commodity delivery
Standard Quality of Commodity
Expiration MonthsThe months of March, May, October, November and December, a total of 15 months in advance
Opening DayThe first trading day of the month preceding the given Maturity Month by 15 months
Closing DayThe last trading day of the Matching Period
Expiration DateThe Closing Day
Computation method of settlement price at expiration
Delivery MethodPhysical delivery
Clearing Range+/- HUF 8000
Daily maximum price change+/- HUF 12000 (not applied on the closing day)
TickerNAPR + year (2 characters) + month (2 characters)
Trading Hours
Transaction Unit1 contract
First Trading DayIn the case of all instruments: November 2, 2005
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