RN Prime Index Futures
[Important Notice] Cessation of RN Prime Index Futures Trading
Trading is halted and creations of new contracts are suspended from October 23, 2023 (trading date).
Contract Specifications
| Underlying index | Russell/Nomura Prime Index (RN Prime Index) | ||||||
| Opening Date | April 25, 2005 | ||||||
| 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 | 5 months in the March quarterly cycle (March, June, September and December) | ||||||
| Last trading day | The business day preceding the second Friday of each expiration month (When the second Friday is a non-business day, it shall be the preceding business day.). Trading in a new expiration 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 | RN Prime Index × ¥10,000 | ||||||
| Tick size | 0.5 points | ||||||
| Price Limits |
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| Circuit Breaker Rule(SCB) | In the case where there was a trade, etc. in the central contract month at the upper or lower price limit range, trading in all contract months will be suspended for at least 10 minutes. Price Limits/ Circuit Breaker Rule | ||||||
| Strategy Trades | The calendar spread trading is available. | ||||||
| J-NET Trading | Available (Minimum Fluctuation: 0.0001 points, Minimum Contract Units: 1 unit)
J-NET Trading |
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| 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 RN Prime Index on the business day following the last trading day.) |
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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 SystemGive-Up System |
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| Position-Transfer | Available Position Transfer System（JSCC） |