Mini-TOPIX is a stock index futures product based on TOPIX, a composite index of all common stocks listed on the first section of the Tokyo Stock Exchange. TOPIX futures were originally listed on Sept. 3, 1988. Mini-TOPIX futures are one-tenth the size of the TSE TOPIX futures, appealing to smaller individual investors.
|mini-TOPIX futures futures|
|Trade Unit||1,000 yen × TOPIX|
|Point Value||Need point value!|
|Tick Value||Need tick value!|
|Contract Months||March, June, September, December|
|Last Trading Day||The business day prior to the second Friday (or the preceding Thursday if the second Friday is a holiday)|
|Note: This contract is electronic ONLY -- no open outcry|
|No Open Outcry||No Electronic Market|
|Trading Hours||N/A||9:00 - 11:00 a.m. / 12:30 - 3:10 p.m. / 4:30 - 7:00 p.m. (9:00 -11:10 a.m. on half-day holidays)|
- ↑ mini-TOPIX Futures. Tokyo Stock Exchange.
- ↑ "Tokyo bourse may debut mini-Topix futures in fiscal 2007 - report". ABCMoney.co.uk.