Options On Gold futures

Contract Specifications

Type of Trade

European Call Options on Gold Futures
European Put Options on Gold Futures

Underlying Asset Price to be Referred

Price of Gold Standard Futures

Opening Date

May 17, 2004
(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)

Strike Prices

+/- 20 strike prices with 50 points interval

Last Trading Day

Day Session on a business day preceding the Last Trading Day of the current contract month of the standard contract

Final Settlement Price

Opening price at the day session of the last trading day of the current contract month of the standard contract

Exercise Period

The next business day of the Last Trading Day (European Type)

Contract Unit

100g

Price Increment

JPY 1 (JPY 100 per Contract Unit)

Price Limits

The price limit range will be expanded by the following rates when the circuit breaker is triggered.

Less than JPY 10 JPY 200

JPY 10 to JPY 39 JPY 300

JPY 40 to JPY 99 JPY 400

JPY 100 or above JPY 550

(Note) The price limits will be expanded to the 1st expansion of price limits, and then to the 2nd expansion of price limits (Price limits in both directions, up or down, will be expanded.)
Price Limits/ Circuit Breaker Rule
(Note) OSE may review price limit temporarily considering market conditions and other factors.
Immediately Executable Price Range (DCB) : LTP ±JPY 40
※However, the DCB Price Range for Opening Auction and Closing Auction will be ±JPY 120 and ±JPY 80 respectively.
Immediately Executable Price Range Rule