JPX Mini-TOPIX Futures
CONTRACT SPECIFICATIONS
| JPX Mini-TOPIX Futures | |
|---|---|
| Underlying Index | TOPIX |
| Opening Date | June 16, 2008 |
| Trading Hours |
8:45-15:45, 17:00-6:00 |
| Contract Months | 3 months in the March quarterly cycle (March, June, September and December) |
| Last Trading Day | The business day preceding the second Friday of each contract month (When the second Friday is a non-business day, it shall be the preceding business day.) Trading in a new contract month begins on the business day following the last trading day. |
| SQ Day | The business day following the last trading day. |
| Contract Unit | TOPIX × ¥1,000 |
| Tick Size | 0.25 points |
| Price Limits |
|
| Circuit Breaker Rule (SCB) | When the Circuit Breaker is triggered in TOPIX Futures (Large), trading will be suspended accordingly. Price Limits / Circuit Breaker Rule |
| Strategy Trades | The calendar spread trading is available. |
| J-NET Trading | Available (Tick size: 0.0001 points, Minimum trading unit: 1 unit) J-NET Trading |
| Holiday Trading | Available |
| Settlement | Cash Settlement |
| Final Settlement Price | Special Quotation (SQ calculation is based on the total opening prices of each component stock of TOPIX on the business day following the last trading day.) |
| Margin | Calculated by VaR Method Margin Calculator Method (VaR Method) for Futures and Options (JSCC) |
| Settlement Method |
|
| Give-Up | Available |
| Position-Transfer | Available |
