TSE 5-year JGB futures
From MarketsWiki
TSE 5-year JGB futures trade on the Tokyo Stock Exchange (TSE). They started trading on February 16, 1996.
Officially, there are still two Japanese government bond (JGB) futures contracts, TSE 5-year JGB futures and TSE 10-year JGB futures, listed on the Tokyo Stock Exchange, but TSE 5-year JGB futures contract has not been traded since 2002[1] and today the term TSE JGB futures contract customarily refers to TSE 10-year JGB futures.
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| TSE 5-year JGB futures | ||
|---|---|---|
| Exchange | Tokyo Stock Exchange | |
| Settlement | Physically delivered | |
| Trade Unit | 100 million yen face value | |
| Point Value | 10,000 yen per contract | |
| Tick Value | 10,000 yen per contract | |
| Contract Months | March, June, September, December cycle (three contract months traded at any one time) | |
| Last Trading Day | 7th business day prior to each delivery date. The trading day in a new contract month begins on the next business day following the last trading day | |
| Note: This contract is electronic ONLY -- no open outcry | ||
| No Open Outcry | No Electronic Market | |
| Trading Hours | N/A | 9:00 - 11:00 am, 12:30 - 3:00 pm, 3:30 - 6:00 pm |
| Ticker Symbol | N/A | N/A |
| Price Limits | N/A | ± 3 points (3 million yen per contract) |
Notes
Resources
Tokyo Stock Exchange JGB Futures Contract Specifications
Tokyo Stock Exchange Options on JGB Futures Contract Specifications
References
- ↑ Tokyo Stock Exchange Fact Book 2003. Tokyo Stock Exchange Group, Inc.. Retrieved on July 7, 2008.

