S&P/ASX 200 Gross

Total Return (AT) Index

Futures

Based on the S&P/ASX 200 Gross Total Return IndexThe S&P/ASX 200 Gross Total Return Index is based on the S&P/ASX 200 comprising the top 200 listed stocks on the Australian share market. In addition the index reinvests regular cash dividends without consideration for withholding tax or franking credits. The S&P/ASX 200 Index is recognised as the investable benchmark for the Australian equities market, covering approximately 80% of the market capitalisation of listed securities in Australia. ASX SPI 200 Index Futures™ are approved for trading by the US Commodity Futures Trading Commission (CFTC) and the UK Financial Services Authority (FSA).

The Australian Equities MarketWith a market capitalisation of over A$1.95 trillion, the Australian cash equities market is consistently weighted in global indices among the top nine equity markets in the world. Among Asia Pacific stock markets it is third only to Japan in terms of free float market capitalisation.

Trading ASX Gross Total Return FuturesTrading is conducted ’On-market’ via ASX’s electronic trading platform, ASX Trade24 (NTP).This product can also be traded ‘Off-market’ through Block Trade and Exchange for Physical (EFP) facilities. Calendar and inter-market spread trading functionality is also available.

Adding to our benchmark Equity derivatives products is the S&P/ASX 200 Gross Total Return Index Futures. These Futures differ from the ASX SPI 200™ Index Futures by accounting for the re-investment of dividends. They enable customers to replicate their total return benchmark needs in a single transaction, thereby allowing exposure to Australia’s top 200 listed companies without having to buy or sell shares in every company in the Index.

Benefits of Exchange Traded MarketsTrading on ASX enables customers to leverage the benefits of exchange traded markets, including:• Price transparency and liquidity• Lower brokerage fees (than typically

found when trading underlying securities)• Immediate execution and confirmation• Lower counterparty risk• Centralised clearing supported by a

clearing guarantee.

Key Features • Futures trading price is a tenth of the

underlying index value (65,000pt index vs 6,500pt futures price)

– Futures tick value = $25 a point – Notional value similar to SPI Futures• Block front 2 quarters

(50 contract minimum)• Roll spread reduced to 0.5 points• Spread trading allowed against AP

(SPI 200 Futures)• Available through international hubs

including London, Chicago, Singapore and Hong Kong.

Data Vendor Access CodesASX24 Code ATBloomberg XJTAIRESS Market Technology ATmyThomson Reuters YATmy

Trading platform ASX 24 (NTP)Underlying Index XJT (S&P/ASX 200 Gross Total Return Index)Contract unit Valued at A$25 per index point (e.g. A$150,000 at 6,000 index points)Contract months First six quartersCommodity code ATContract divisor 10Listing date Monday 3 June 2019 – subject to regulatory clearanceMinimum price movement

Ordinary trading: 1 index point (A$25)During the roll: 0.5 index point (A$12.50)

Last trading day Same as the ASX SPI 200™ Index Futures contract specificationsCash settlement price Same as the ASX SPI 200™ Index Futures contract specificationsTrading hours Same as ASX SPI 200™ Index FuturesSettlement day Same as ASX SPI 200™ Index FuturesHeadline fee $1.00 plus GST per contact sideBlock trade size 50 contracts (reported to 0.1pt) Only acceptable on the front two

quarterly expiries. Cannot be used to facilitate roll activity.Position limit NoneDaily price limit NoneExchange for physical YesCFTC approved No – in process.

S&P/ASX 200 TR Index Futures

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S&P/ASX 200 Index S&P/ASX 200 Gross Total Return Index

Comparison between S&P/ASX 200 Gross Total Return Index and S&P/ASX 200 Index

Although ASX Limited ABN 98 008 624 691 and its related bodies corporate (“ASX”) has made every effort to ensure the accuracy of the information as at the date of publication, ASX does not give any warranty or representation as to the accuracy, reliability or completeness of the information. ASX reserves the right to change details in this document at any time without notice. To the extent permitted by law, ASX and its employees, officers and contractors shall not be liable for any loss or damage arising in any way (including by way of negligence) from or in connection with any information provided or omitted or from any one acting or refraining to act in reliance on this information.© Copyright ASX Limited. ABN 98 008 624 691. All rights reserved 2019.

Further Information

Graham O’Brien Senior Manager, Equity DerivativesT +61 2 9227 0672 E graham.obrien@asx.com.au

Gregory Pill Product Manager, Equity Derivatives T +61 2 9227 0696 E greg.pill@asx.com.au

Dawn Lay Sales Manager, Equity DerivativesT +61 2 9227 0115 E dawn.lay@asx.com.au

Paul Kelly Associate, Equity DerivativesT +61 2 9227 0360 E paul.kelly@asx.com.au

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