Tokyo Financial Exchange Over-Night Call Rate Futures

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TFX Over-Night Call Rate futures trade on the Tokyo Financial Exchange (TFX). They were launched on December 3, 2007[1].


In the first six months of 2008, TFX Over-Night Call Rate futures traded only 2,299 contracts[2].


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Over-night call rate futures
Exchange Tokyo Financial Exchange
Settlement Cash settled
Trade Unit ¥300,000,000 (Notional principal amount)
Point Value Need point value!
Tick Value 0.005
Contract Months First 12 calendar months
Last Trading Day The last business day of the contract month
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A
  • 8:30 - 8:45 = Pre-open period (Order entry without execution)
  • 8:45 - 11:30 = Day(morning) session (Cleared as today's trade)
  • 11:30 - 12:30 = Restricted period (Cancel and volume cutback only)
  • 12:30 - 15:30 = Day(afternoon) session (Cleared as today's trade)
  • 15:30 - 20:00 = Evening session (Cleared as the next day's trade)
Ticker Symbol N/A N/A
Price Limits N/A N/A

Notes

Resources

Tokyo Financial Exchange Over-Night Call Rate futures Contract Specifications

References

  1. History. Tokyo Financial Exchange Inc.. Retrieved on July 9, 2008.
  2. MONTHLY STATISTICS June 2008. Tokyo Financial Exchange Inc.. Retrieved on July 9, 2008.
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