Shanghai Natural Rubber Futures
Contract Specifications
| Type of Trade | Cash-settled Futures Transaction |
|---|---|
| Target of Trade | The price of Natural Rubber Futures (RU) listed on the Shanghai Futures Exchange (SHFE). |
| Opening Date | May 26, 2025 |
| Trading Hours |
9:00-15:45, 17:00-19:00
(Note) An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close. Trading Hours |
| Contract Months | Nearest 3 contract months (January, May, and September) |
| Last Trading Day | 15th of the respective contract month (Note：If the 15th falls on a day when the delivery price of RU is not calculated, the last trading day will be moved back to fall on the next day when said delivery price is calculated. However, if the 15th (or the day that the last trading day was pushed back to) falls on a non-business day for OSE, the last trading day will be moved forward to fall on the previous business day for OSE.) |
| Final Settlement Price Determination Day | The business day following the last trading day. |
| Contract Unit | Shanghai Natural Rubber Futures prices × JPY 100 |
| Tick Size | 5 points |
| Price Limits |
|
| Circuit Breaker Rule (SCB) | No trading Halt |
| Strategy Trades | The calendar spread trading is available. |
| J-NET Trading |
Available (Tick size: 0.001pt, Minimum trading unit: 1 unit) J-NET Trading |
| Holiday Trading |
Available Holiday Trading |
| Daily Settlement Price | Settlement Price is determined by JSCC. |
| Final Settlement Price | Delivery settlement prices of SHFE RU |
| 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 method |
|
| Give-Up |
Available Give-Up System |
| Position-Transfer |
Available Position Transfer System (JSCC) |
| Position Reporting | Not required |