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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 December 1, 2023 to the end of the day session on February 29, 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

1,280 yen
1,930 yen
2,570 yen
3,540 yen

2,240 yen
2,890 yen
3,530 yen
4,500 yen

3,200 yen
3,850 yen
4,490 yen
5,460 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

92.5 points
138.5 points
185.0 points
254.5 points

161.5 points
207.5 points
254.0 points
323.5 points

230.5 points
276.5 points
323.0 points
392.5 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

830 points
1,245 points
1,665 points
2,290 points

1,450 points
1,865 points
2,285 points
2,910 points

2,070 points
2,485 points
2,905 points
3,530 points
Historical Data icon-xls