Gold Mini Futures
Contract Specifications
| Type of Trade | Cash-settled Futures Transaction | ||||||
| Target of Trade | Price of Gold Standard Futures | ||||||
| Opening Date | July 17, 2007 (Note) transferred from TOCOM on July 27, 2020 |
||||||
| 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 |
||||||
| Contract Months | Nearest 6 contract months (February, April, June, August, October and December) | ||||||
| Last Trading Day | Day Session on a business day preceding the Last Trading Day of the current contract month of the standard contract | ||||||
| Contract Unit | 100g | ||||||
| Price Increment | JPY 0.5 per gram (JPY 50 per Contract Unit) | ||||||
| Price Limits |
|
||||||
| Circuit Breaker Rule (SCB) |
Trading will be suspended while Gold Standard Futures is in SCB state. Price Limits/ Circuit Breaker Rule |
||||||
| Strategy Trades | The calendar spread trading and inter-commodity spread trading are available. | ||||||
| J-NET Trading | Available（Tick size：JPY 0.01, Minimum trading unit：1 unit） J-NET Trading |
||||||
| Holiday Trading | Available Holiday Trading |
||||||
| Daily Settlement Price | Settlement Price of the Physically Delivered Gold Standard Futures whose contract month in the same Clearing Period | ||||||
| Final Settlement Price | Opening price at the day session of the last trading day of the current contract month of the standard contract | ||||||
| Customer Position Limits (separately for long and short positions) | No Position Limits | ||||||
| Margin | Calculated by VaR Method Margin Calculation Method (VaR Method) for Futures and Options (JSCC) |
||||||
| Settlement |
|
||||||
| Give-Up | Available Give-Up System |
||||||
| Position-Transfer | Available Position Transfer System  |
||||||
| Position Reporting | Not required |