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Feb. 06, 2023 OSE Revision to Method for Calculating Final Settlement Price for Nikkei 225 VI Futures

Osaka Exchange, Inc. (OSE) will revise the calculation method of the final settlement price (SQ) for Nikkei Stock Average Volatility Index Futures (Nikkei 225 VI Futures).

[Final Settlement Price after Revision]
The average value of the Nikkei 225 Volatility Index (Nikkei 225 VI) over the 30 minutes starting from 9:00 a.m. on the business day following the last trading day.
* In the event that updates of the Nikkei 225 VI are suspended due to a trading halt in Nikkei 225 Futures or Options, a temporary trading halt caused by a static circuit breaker (SCB), or other factors, the period for which updates are suspended shall not be included in the 30 minutes.

Please note that this revision will be effective from the final settlement price pertaining to the March 2023 contract month of Nikkei 225 VI Futures.