The Original product is the traditional single stock future, reflecting estimated future dividend payments in the price of each contract.

  • Theoretical price is derived as SSF = ( STK – PV( Forecasted Dividends for Term) ) x er*t
  • No short sale restriction, no locate requirement
  • Delivers to the physical stock at expiration
  • Provides delta exposure to the movements of the underlying stock at a lower overall finance cost
    Please see this link for additional information:

  • TRA P T3 SSF Product Specification