Launch of SGX Micro FTSE Taiwan Index Futures (MTWN)

20 Mar 2025

With the recent launch of the SGX Micro FTSE Taiwan Index Futures (MTWN), traders now have a more affordable way to participate in Taiwan’s equity market. The new contract is smaller and requires lower margin requirements, but retains the same key characteristics as the standard sized contract. Customers can now trade the SGX MTWN on Phillip Nova 2.0, CQG, and TT platforms.

 

Value Propositions for the SGX Micro FTSE Taiwan Index Futures

1) Lower Capital Requirement

The micro contract is only 1/10th of the standard contract, so a smaller capital requirement is needed to participate in the FTSE Taiwan Index Futures.

2) Financially Settled

No physical delivery—settlement is done in cash, simplifying the trading process.

 

3) Risk Management & Hedging

Ideal for portfolio hedging with a smaller notional exposure compared to the standard contract.

 

4) Increased Accessibility for Retail Traders

Lower margin requirements make it more accessible to retail investors and traders.

 

5) Same Trading Hours & Liquidity

Enjoy the same trading hours and market access as the standard contract while benefiting from a smaller-sized contract.

 

6) Efficient Cost Management

Tighter control over risk exposure and cost efficiency when managing multiple positions.

 

Click here to view the contract specifications now. Trade the new SGX Micro FTSE Taiwan Index Futures on Phillip Nova 2.0 now!

Should you have any query, please contact our Client Service Desk at (65) 6538 0500 or email to nova@phillip.com.sg.

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