TSE Mothers Index Futures

Contract Specifications

Underlying Index TSE Mothers Index
Opening Date July 19, 2016
Trading hours 8:45 - 15:15, 16:30 - 5:30
(Note) An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close.
Trading Hours
Contract Months 5 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.)
SQ Day The business day following the last trading day.
Contract Unit TSE Mothers Index × \1,000
Tick Size 1 point
Price Limits
  1. The price limit range shall be calculated by multiplying the base price for calculating the price limit range by the following rates. In principle, the price limit range will be recalculated on a quarterly basis.
    Normal 8%
    1st Expansion 12%
    2nd Expansion 16%
    (Note) The price limits will be expanded to the 1st expansion of price limits, and then to the 2nd expansion of price limits (Only price limits in one direction, up or down, will be expanded.)
    Current Price Limits
    Price Limits/ Circuit Breaker Rule
    (Note) OSE may review price limit temporarily.
  2. Immediately Executable Price Range Rule(DCB):LTP or BBO mid price± 0.8 %
    Immediately Executable Price Range Rule
Circuit Breaker Rule (SCB) Applicable
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
Settlement Cash Settlement
Final Settlement Price Special Quotation
(SQ calculation is based on the total opening prices of each component stock of TSE Mothers Index on the business day following the last trading day.)
Margin Calculated by using SPAN®
(Margin offsetting with other index futures and options contracts is allowed.)
Give-Up Available
Give-Up System
Position-Transfer Available
Position Transfer System(JSCC)icon-block