Nikkei 225 micro Futures
Contract Specifications
| Underlying Index | Nikkei Stock Average (Nikkei 225) | ||||||
| Opening Date | May 29, 2023 | ||||||
| Trading Hours | 8:45-15:45, 17:00-6:00
(Note) An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close. Trading Hours |
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| Contract Months |
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| 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. |
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| SQ Day | The business day following the last trading day. | ||||||
| Contract Unit | Nikkei 225 × JPY 10 | ||||||
| Tick Size | ¥5 (Value per tick: ¥50 per contract) | ||||||
| Price Limits |
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| Circuit Breaker Rule (SCB) | Price Limits/ Circuit Breaker Rule | ||||||
| Strategy Trades | The calendar spread trading is available. | ||||||
| J-NET Trading | N/A | ||||||
| Holiday Trading | Available Holiday Trading |
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| Settlement | Cash Settlement | ||||||
| Final Settlement Price | Special Quotation (SQ calculation is based on the total opening prices of each component stock of Nikkei 225 on the business day following the last trading day.) (Note)Same as SQ value in Nikkei 225 mini (same contract month) |
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| Margin | Calculated by VaR Method Margin Calculation Method (VaR Method) for Futures and Options (JSCC) |
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| Give-Up | Available Give-Up System |
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| Position-Transfer | Available Position Transfer System（JSCC） |