Platinum Mini Futures
Contract Specifications
| Type of Trade | Cash-settled Futures Transaction | ||||||
| Target of Trade | price of platinum standard futures | ||||||
| Opening Date | November 10, 2008 | ||||||
| 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 |
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| 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 |
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| Circuit Breaker Rule (SCB) |
Trading will be suspended while Platinum Standard Futures is in SCB state.
Price Limits/ Circuit Breaker Rule |
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| Strategy Trades | The calendar spread trading and the inter-commodity spread trading are available. | ||||||
| J-NET Trading | Available（Tick size：JPY 0.01, Minimum trading unit：1 unit） J-NET Trading |
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| Holiday Trading | Available Holiday Trading |
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| Daily Settlement Price | Settlement Price of the Physically Delivered Platinum 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) |
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| Settlement |
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| Give-Up | Available Give-Up System |
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| Position-Transfer | Available Position Transfer System |
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| Position Reporting | Not required |