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FTSE China 50 Index Futures

Contract Specifications

Underlying Index FTSE China 50 Index (Hong Kong Dollar denominated)
Opening Date July 19, 2016
Trading hours 8:45 - 15:15, 16:30 - 6:00
(Note) An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close.
Trading Hours
Contract Months 2 consecutive near-term months, plus 2 months from the March quarterly cycle (March, June, September and December).
Last Trading Day The day (to be moved up accordingly if it falls on a non-business day or a day on which the FTSE China 50 Index is not calculated) preceding the last day of the corresponding contract month (to be moved up accordingly if it falls on a day on which the FTSE China 50 Index is not calculated).
Trading in a new contract month begins on the business day following the last trading day.
SQ Day The business day following the last trading day.
Contract Unit FTSE China 50 Index ×\100
Tick Size 5 points
Price Limits
  1. The price limit range shall be calculated by multiplying the reference price of price limits by the following rates.
    2. Normal 10％
    1st Expansion 15%
    2nd Expansion 20%
    (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.)
    Price Limits/ Circuit Breaker Rule
  2. Immediately Executable Price Range Rule(DCB)：LTP or BBO mid price ±1.0%
    ※However, the DCB Price Range for Opening Auction and Closing Auction will be ±3.0% and ±1.5% respectively.
    Immediately Executable Price Range Rule
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
Holiday Trading Available
Holiday Trading
Settlement Last traded price, etc. from 3:00 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.
Final Settlement Price A closing value of FTSE China 50 Index (rounded to the second decimal place) on the last trading day.
Margin Calculated by VaR Method
Margin Calculation Method (VaR Method) for Futures and Options (JSCC)
Settlement method
  1. resell or buy back
  2. final settlement
Give-Up Available
Give-Up System
Position-Transfer Available
Position Transfer System（JSCC）icon-block