Single Stock Futures

Single Stock Futures (SSFs) are futures contracts on individual shares (stocks). A futures contract is a legally binding agreement that gives you the right to buy or sell an underlying asset at a fixed price on a future date. SSFs are traded on an exchange, in South Africa's case, the JSE. The contracts are standardised which means they have set specifications when it comes to size, expiry dates and tick movement (the minimum upward or downward movement in the price of a security).
 

 

Single Stock Futures (SSFs) are futures contracts on individual shares (stocks). A futures contract is a legally binding agreement that gives you the right to buy or sell an underlying asset at a fixed price on a future date. SSFs are traded on an exchange, in South Africa's case, the JSE. The contracts are standardised which means they have set specifications when it comes to size, expiry dates and tick movement (the minimum upward or downward movement in the price of a security).