Price Limits

Price Limit Ranges

Please refer to the link below for our Price Limit Ranges of Futures and Options products.

Price Limits/ Circuit Breaker Rule

Price Limit Ranges of Index Options Products

The price limit ranges for Nikkei 225 options, TOPIX options and JPX-Nikkei 400 options are revised on a quarterly basis (March, June, September and December).

The price limit range from the trade date ending on March 1, 2024 to the end of the day session on May 31, 2024.

  Normal 1st Expansion 2nd Expansion
Nikkei 225 Options (Including mini Opitions)
(Reference price)
less than 50 yen
50 yen or more to less than 200 yen
200 yen or more to less than 500 yen
500 yen or more


1,470 yen
2,210 yen
2,940 yen
4,050 yen


2,570 yen
3,310 yen
4,040 yen
5,150 yen


3,670 yen
4,410 yen
5,140 yen
6,250 yen
TOPIX Options
(Reference price)
less than 5 points
5 points or more to less than 20 points
20 points or more to less than 50 points
50 points or more


102.5 points
153.5 points
205.0 points
281.5 points


179.0 points
230.0 points
281.5 points
358.0 points


255.5 points
306.5 points
358.0 points
434.5 points
JPX-Nikkei 400 Options
(Reference price)
less than 50 points
50 points or more to less than 200 points
200 points or more to less than 500 points
500 points or more


925 points
1,385 points
1,850 points
2,545 points


1,615 points
2,075 points
2,540 points
3,235 points


2,305 points
2,765 points
3,230 points
3,925 points
Historical Data icon-xls

The price limit range from the trade date ending on June 3, 2024 to the end of the day session on August 30, 2024.

  Normal 1st Expansion 2nd Expansion
Nikkei 225 Options (Including mini Opitions)
(Reference price)
less than 50 yen
50 yen or more to less than 200 yen
200 yen or more to less than 500 yen
500 yen or more


1,530 yen
2,300 yen
3,070 yen
4,220 yen


2,680 yen
3,450 yen
4,220 yen
5,370 yen


3,830 yen
4,600 yen
5,370 yen
6,520 yen
TOPIX Options
(Reference price)
less than 5 points
5 points or more to less than 20 points
20 points or more to less than 50 points
50 points or more


108.5 points
163.0 points
217.5 points
299.5 points


190.0 points
244.5 points
299.0 points
381.0 points


271.5 points
326.0 points
380.5 points
462.5 points
JPX-Nikkei 400 Options
(Reference price)
less than 50 points
50 points or more to less than 200 points
200 points or more to less than 500 points
500 points or more


990 points
1,485 points
1,980 points
2,725 points


1,730 points
2,225 points
2,720 points
3,465 points


2,470 points
2,965 points
3,460 points
4,205 points
Historical Data icon-xls