Single Stock Futures
These are derivative instruments that give investors exposure to price movements on an underlying stock/share. The parties agree to exchange a specific number of stocks/shares in a company at a future price agreed today.
Single stocks/shares listed: ABSA, BATK, COOP, EABL, EQTY, IMHP, KCB, NCBA, SCBK, SCOM.
Contract Months: Expires Quarterly (March, June, September and December).

Contract Size:
For stocks/shares trading below KES 1:100 contract = 1000 underlying stocks/shares.
For stocks/shares trading above KES 1:100 contract = 100 underlying stocks/shares.
Margin:
This is fixed by the exchange https://www.nse.co.ke/derivatives/market-notices/
However, the clearing member requires an additional 10% margin in addition to the margin required by the exchange.
Minimum Price Movement:
Trading Hours
Determined by the Exchange
09:30 – 15:00 EAT
Note: Expiry Dates: 3rd Thursday of expiry month (If a holiday then the previous day is used).
Expiry Time: 1500 hrs EAT.
Trading & Settlement Currency: KES.
Market Fees:
Participant
Percentage
Equity Index Futures
These are derivative instruments that give investors exposure to price movements on an underlying index. The NSE shall initially construct Equity Index Futures contracts based on the NSE 25 Index.
Equity Index listed: NSE 25 Share Index, Mini NSE 25 Share Index.
Contract Months: Expires Quarterly (March, June, September and December).

Contract Size:
For stocks/shares trading below KES 1:100 contract = 1000 underlying stocks/shares.
For stocks/shares trading above KES 1:100 contract = 100 underlying stocks/shares.
Margin:
This is fixed by the exchange https://www.nse.co.ke/derivatives/market-notices/
However, the clearing member requires an additional 10% margin in addition to the margin required by the exchange.
Minimum Price Movement:
Trading Hours
Determined by the Exchange
09:30 – 15:00 EAT
Note: Expiry Dates: 3rd Thursday of expiry month (If a holiday then the previous day is used).
Expiry Time: 1500 hrs EAT.
Trading & Settlement Currency: KES.
Market Fees:
Participant
Percentage