Nikkei 225 micro Futures

About Nikkei 225 micro Futures

Nikkei 225 micro Futures is a stock price index futures contract based on the Nikkei Stock Average (Nikkei 225) that promises to buy or sell in the following conditions:
(1) 10 times the Nikkei 225
(2) on a specific future date
(3) at a price agreed upon at this time (contract price)
In light of the recent increase in the need for more detailed risk management methods against the backdrop of the trend toward smaller investments in the cash equity market, we have launched "Nikkei 225 micro Futures" on May 29, 2023, which can be traded with even smaller amounts than Nikkei 225 mini.

Micro Size

The minimum trading unit (1 contract) for Nikkei 225 micro Futures is 10 times the value of the Nikkei 225.
This is one-tenth the size of Nikkei 225 mini, which is one-tenth the size of Nikkei 225 Futures contract (micronized).
It is the smallest futures contract listed on Osaka Exchange and allows for more detailed trading with less capital.

Minimum trading unit (1 contract) when the Nikkei 225 is 30,000 yen


	Nikkei 225 micro Futures	Nikkei 225 mini	Nikkei 225 Futures
Minimum trading unit (1 contract)	JPY 300,000	JPY 3,000,000	JPY 30,000,000

Tick Size

The tick size for Nikkei 225 micro Futures is 5 yen.
As with Nikkei 225 mini, orders can be placed in increments of 5 yen, such as 30,005 yen, so the market price fluctuates in increments of 5 yen.
When the market price moves by 5 yen (when the price moves by one tick), the amount of profit/loss fluctuation is 50 yen.