Market News
Feb. 18, 2025 OSE Alert Concerning Rolling-Spot Futures for Gold and Platinum
On December 3, 2024, Osaka Exchange, Inc. (OSE) published the alert concerning listed Rolling-Spot Futures trading for gold and platinum about the continuous large discrepancy between the market price and the theoretical spot price calculated from the market price of each standard futures contract. However, this discrepancy has not been resolved from that day.
Investors are advised to take into the price such as the price of the central contract month of the standard futures contract used to calculate the theoretical spot price for the Rolling-Spot Futures.
In view of the situation where the discrepancy has not been resolved despite the last alert, OSE is now considering countermeasures, including drastic rule changes to resolve the continuous discrepancy from the viewpoint of ensuring safe market.
<Price as of the day session on February 18>
Gold Rolling-Spot Futures: Closing Price 14,760 yen, Theoretical Spot Price 14,177 yen
Platinum Rolling-Spot Futures: Closing Price 4,845 yen, Theoretical Spot Price 4,772 yen
Contact
Osaka Exchange
TEL:+81-6-4706-0800