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MarginPosition Recognition Period for Margin calculation

Position Recognition Period for Margin calculation

On the calculation of Margin Requirement via SPAN®, the position recognition period during which Margin shall be deposited is individually set for each instrument. Clearing Participants should note that, when submitting Position Report, Position Report needs to cover the position for the relevant issue up to the time specified below

Instrument Position
Recognition Period
Remarks
(1) Index Futures and Index Options Until the business day before the SQ calculation day ※ Intra-Day Margin and Emergency Margin can be called on or before SQ calculation day.
※ For Flexible Option Contracts to be cash settled by reference to the closing price of the current day (applicable after the introduction of this product at OSE), treatment shall be the same as “(2) Individual Options”.
(2) Individual Options Until the business day before The Last Trading Day ※ Intra-Day Margin and Emergency Margin can be called on or before The Last Trading Day.
(3) JGB Futures(excluding mini-JGB Futures) Until the business day before the Day of the Settlement by Physical Delivery and Payment
(4) mini-JGB Futures Until the business day before the day the Final settlement price calculation day ※ Intra-Day Margin and Emergency Margin can be called on or before the Final Settlement price calculation day.
(5) Options on JGB Futures Until the business day before The Last Trading Day ※ Intra-Day Margin and Emergency Margin can be called on or before The Last Trading Day.