Stock Index Futures

1. Stock Index : Market indicator that records the average change of part or all common stocks that are registered and being transacted in stock exchange.
   
   
2. Stock Index Futures :
1. Is a derivative instrument of stock index.
2. Price change refers to change in Stock Exchange.
3. Transaction is conducted in transaction contract unit (LOT).
4. Has a time limit of contract settlement.


Stock Index Futures Regulation

Foreign Exchange (FOREX)

1. Definition: Buying and selling transactions between one currency with other currency, conducted in a contract unit called " LOT ".
   
   
2. Mechanism of Transaction
1. Open Buy - Closed Sell
2. Open Sell - Closed Buy