Regulatory Measures, etc., Concerning Margin Trading

The customer margin ratio for new margin sales or new margin purchases of leveraged and double inverse ETFs and ETNs will be as follows from January 10, 2023.

Fund Name Code Customer margin ratio
TOPIX Bear -2x ETF 1356 60% or more
NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund 1357 60% or more
Listed Index Fund Nikkei Leveraged Index 1358 60% or more
Nikkei225 Bear -2x ETF 1360 60% or more
iFreeETF Nikkei225 Leveraged Index 1365 60% or more
iFreeETF Nikkei225 Double Inverse Index 1366 60% or more
iFreeETF TOPIX Leveraged (2x) Index 1367 60% or more
iFreeETF TOPIX Double Inverse (-2x) Index 1368 60% or more
Rakuten ETF - Nikkei 225 Leveraged Index 1458 60% or more
Rakuten ETF - Nikkei 225 Double Inverse Index 1459 60% or more
iFreeETF JPX-Nikkei400 Leveraged (2x) Index 1464 60% or more
iFreeETF JPX-Nikkei400 Double Inverse (-2x) Index 1466 60% or more
JPX-Nikkei 400 Bear -2x Double Inverse ETF 1469 60% or more
NEXT FUNDS JPX-Nikkei 400 Double Inverse Index Exchange Traded Fund 1472 60% or more
TOPIX Bull 2x ETF 1568 60% or more
NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund 1570 60% or more
China Bull 2x HSCEI ETF 1572 60% or more
Nikkei 225 Bull 2x ETF 1579 60% or more
NEXT NOTES HSI Leveraged ETN 2031 60% or more
NEXT NOTES KOSPI200 Leverage ETN 2033 60% or more
NEXT NOTES Gold Futures Double Bull ETN 2036 60% or more
NEXT NOTES Dubai Crude Oil Futures Double Bull ETN 2038 60% or more
NEXT NOTES DJIA PR JPY-Monthly Hedged Leveraged (x2) ETN 2040 60% or more
NEXT NOTES Nifty PR 2x Leverage Index ETN 2046 60% or more
iFreeETF S&P500 Leveraged (2x) 2237 60% or more
Listed Index Fund S&P500 Futures Leveraged Two Times 2239 60% or more
iFreeETF S&P500 Double Inverse (-2x) 2249 60% or more
NEXT FUNDS JPX JGB Futures Double Inverse Index Exchange Traded Fund 2251 60% or more
iFreeETF NASDAQ100 Leveraged (2x) 2869 60% or more
iFreeETF NASDAQ100 Double Inverse (-2x) 2870 60% or more

(note)
  • ・The customer margin ratio of leveraged(2x) and inverse(-2x) products will be the rate obtained by multiplying 30% by the leverage factor of the relevant product. (If the leverage factor is negative, the rate will be obtained by multiplying 30% by the value obtained by deducting the leveraged factor of the relevant product from zero.)
    Regulatory measures on margin trading are not implemented on such issues. The customer margin ratio of inverse(-1x) products is 30% or more.
  • ・Newly listed issues will be updated on the business day following the listing approval date.