DJIA Futures
Contract Specifications
| Underlying Index | Dow Jones Industrial Average (DJIA) | ||||||
| Opening Date | May 28, 2012 | ||||||
| Trading Hours | 8:45-15:45, 17:00-6:00
(Note) Orders are only accepted and not matched for 5 minutes before the Itayose on close. Trading Hours |
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| Contract Months | 4 contract months in the March quarterly cycle (March, June, September and December) | ||||||
| Last Trading Day | A trading day which ends on the third Friday (If it falls upon an OSE's non-business day or a day on which DJIA is not scheduled to be calculated, it will be advanced.) of each contract month. 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 | DJIA × ¥100 | ||||||
| Tick Size | 1 point | ||||||
| Price Limits |
Price Limits/ Circuit Breaker Rule |
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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 (Tick size: 0.0001 point, Minimum trading unit: 1 unit) J-NET Trading |
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| Holiday Trading | Available Holiday Trading |
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| Settlement | Last traded price, etc. from 3:30 p.m. until the end of the Day Session *If necessary, notwithstanding the above, the settlement price will be adjusted as deemed appropriate by JSCC. |
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| Final Settlement Price | The same value as the final settlement price determined by CBOT for the DJIA Futures contract on CBOT whose last trading day belongs to the same month as the contract month of the DJIA Futures. | ||||||
| Margin | Calculated by VaR Method Margin Calculation Method (VaR Method) for Futures and Options (JSCC) |
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| Settlement method |
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| Give-Up | Available Give-Up System |
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| Position-Transfer | Available Position Transfer System（JSCC） |