Tokyo Grain Exchange Arabica Coffee

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TGE Arabica Coffee futures trade on the Tokyo Grain Exchange (TGE). They were launched on June 16,1998[1].

Each TGE Arabica Coffee futures contract represents 50 bags (3,450 kilograms) of standard or deliverable grade washed arabica coffee, which is defined in accordance with the Exchange rules, and its delivery date is set as five business days following the last trading day (In the case of delivery by notice of intention to deliver/receive, five business days following the date of delivery notice). TGE Arabica Coffee futures contract also has a minimum delivery unit requirement of 250 bags (17,250 kilograms), equivalent to 5 contract units.

As of July 2008, each TGE Arabica Coffee futures contract is subject to a margin rate of 155,000 yen for the spot month and 75,000 yen for the other months.

In June 2008, TGE Arabica Coffee futures traded 21,203 contracts (-61.1 percent YOY) and its turnover amounted to 52.2 billion yen (-58.9 percent YOY).



TGE Arabica Coffee futures
Exchange Tokyo Grain Exchange
Settlement Physically delivered
Contract Size 50 bags (3,450 kilograms)
Pricing Unit ¥50 per contract
Tick Value ¥500 per contract
Contract Months January, March, May, July, September and November within a twelve-month period
Last Trading Day Ten business days prior to the last business day of the delivery month.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 9:30 a.m., 10:30 a.m., 1:30 p.m., 2:30 p.m. and 3:30 p.m.
  • 9:30 a.m. and 10:30 a.m. on the last trading day
Ticker Symbol N/A N/A
Price Limits N/A
  • Contracts of under ¥10,000 = ¥600
  • Contracts from ¥10,000 to ¥25,000 = ¥800
  • Contracts of ¥25,000 or more = ¥1,000
  • No price limits in the spot month from the 1st of the delivery month.

Notes

Resources

Tokyo Grain Exchange Arabica Coffee Futures Contract Specifications

References

  1. Arabica Coffee Futures Contract Specifications. Tokyo Grain Exchange.