mini-10year JGB Futures

Contract Specifications

Contract Price of standardized 6%, 10-year JGB
Opening Date March 23, 2009
Trading Hours 8:45-11:02, 12:30-15:02, 15:30-5:30
(Note) An order acceptance period ("pre-closing") is established for 2 minutes(5 minutes in the Night Session) before the Itayose on close.
Trading Hours
Contract Months 3 months in the March quarterly cycle (March, June, September and December)
Last Trading Day 6th business day prior to each delivery date of the 10-year JGB Futures for the same contract month. Trading for the new contract month begins on the business day following the last trading day of 10-year JGB Futures.
  • Final Settlement day is the 2nd business day following the last trading day.
Last Trading Day
Contract Unit Multiply 100 thousand yen by the price of 10-year JGB Futures
Tick Size ¥0.005
Price Limits
  1. The price limit range shall be the following
    Normal \2.00
    Expansion \3.00
    (Note) The price limits will be expanded to the 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 (DCB):LTP or BBO mid price ± 10 ticks Immediately Executable Price Range Rule
Circuit Breaker Rule (SCB) Trading is suspended while 10-year JGB Futures is in SCB state.
Price Limits/ Circuit Breaker Rule
Strategy Trades The calendar spread trading is available.
J-NET Trading Available (Tick size: ¥0.0001, Minimum trading unit: 1 unit)
J-NET Trading
Final Settlement Method Cash Settlement based on Final Settlement Price
Margin Calculated by using SPAN®
(Margin offsetting with other JGB Futures and Options on JGB Futures contracts is allowed.)
Give-Up Available
Give-Up System
Position-Transfer Available
Position Transfer System(JSCC)
Reporting of Large Positions Nothing