How are ASX futures contracts different to SFE futures contracts?
The main difference between futures contracts traded on ASX and SFE is the contract size. ASX Mini Index Futures contracts have a contract multiplier of $10 per point, whereas the ASX SPI 200 Index Futures have a contract multiplier of $25 per point. If both futures contracts were trading at 3500 points, for example, the ASX Mini Index Futures contract value would be $35,000, while the ASX SPI 200 Index Futures contract value would be $87,500.
