mini-10year JGB Futures (Cash-Settled)
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, 15:30-6:00 (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 |
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| 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.
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| Contract Unit | Multiply 100 thousand yen by the price of 10-year JGB Futures | ||||||||||
| Tick Size | ¥0.005 | ||||||||||
| Price Limits |
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| Circuit Breaker Rule (SCB) | Trading is suspended while 10-year JGB Futures is in SCB state. Price Limits/ Circuit Breaker Rule |
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| Strategy Trades | The calendar spread trading is available. | ||||||||||
| J-NET Trading | Available (Tick size: ¥0.0001, Minimum trading unit: 1 unit) J-NET Trading |
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| Final Settlement Method | Cash Settlement based on Final Settlement Price | ||||||||||
| Margin | Calculated by VaR Method Margin Calculation Method (VaR Method) for Futures and Options (JSCC) |
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| Give-Up | Available Give-Up System |
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| Position-Transfer | Available Position Transfer System（JSCC） |
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| Reporting of Large Positions | Nothing |