Product Category

Dairy

Ticker Symbol

WMP

Contract Size

1 metric tonne

Minimum Price Fluctuation

US$5 per metric tonne

Contract Months

18 consecutive contract months

Quotation

US$ per metric tonne

Tick Value

USD 5

Trading Hours (Singapore Time)

Every New Zealand business day:

Screen

T Session: 7.25 am - 6.00 pm Last Trading Day: 7.25 am - 6.00 pm

NLT

T Session: 7.10 am - 6.00 pm Note: After the close of the T-session, there will be a 30min grace window for participants to continue registering T-session trades.

Trading Hours on Last Day

N.A.

Last Trading Day

The day of the last Global Dairy Trade (GDT) Auction of the contract month

Daily Price Limits

N.A.

Settlement Basis

Cash Settlement

Exchange Delivery Settlement Price/ Final Settlement Price

Average of winning GDT prices for one Tonne of Whole Milk Powder, Regular - NZ, Contract 2 in GDT Events Auction

Position Accountability / Position Limit

Unless otherwise prescribed by the Exchange, there shall be no Position Limits. However, subject to Rule 4.1.18 of the Trading Rules, a person owning or controlling any combination of Futures Contracts, Option-on-Futures Contracts, Swap Contracts, Option-on-Swap Contracts and Relevant Contracts that exceed such position as the Exchange may prescribe from time to time with prior notification, net on the same side of the market, and in all Contract Months combined, shall provide, in a timely fashion, upon request by the Exchange, information regarding the nature of the position, trading strategy, and hedging information if applicable. Position Accountability Threshold (Lots): 20,000

Negotiated Large Trade

100 lots

Bloomberg Ticker Code

OMRA Comdty

Refinitiv Ticker Code

0#SWMP: