Difference between revisions of "TSE 5-year JGB futures"

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|months  =  March, June, September, December cycle (three contract months traded at any one time)
 
|months  =  March, June, September, December cycle (three contract months traded at any one time)
 
|fnd      =  <!-- Rules for determining First Notice Date, or blank if none -->
 
|fnd      =  <!-- Rules for determining First Notice Date, or blank if none -->
|ltd      =  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
+
|ltd      =  5th business day prior to each delivery date (20th day of each contract month, move-down the date when it is not the business day). Trading for the new contract month begins on the business day following the last trading day.
 
|unit    =  100 million yen face value
 
|unit    =  100 million yen face value
 
|ptdesc  =  1/100 point per 100 points
 
|ptdesc  =  1/100 point per 100 points
 
|ptval    =  10,000 yen per contract
 
|ptval    =  10,000 yen per contract
 
|tickPt  =  1/100 point per 100 points
 
|tickPt  =  1/100 point per 100 points
|tickVal  =  10,000 yen per contract
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|tickVal  =  ¥0.01
 
|elect    =  <!-- Y if an electronic trading session exists; leave blank if none -->
 
|elect    =  <!-- Y if an electronic trading session exists; leave blank if none -->
|elHours  =  9:00 - 11:00 am, 12:30 - 3:00 pm, 3:30 - 6:00 pm
+
|elHours  =  8:45-11:02, 12:30-15:02, 15:30-5:30
 +
(Note) An order acceptance period ("pre-closing") is established for 2 minutes(5 minutes in the Night Session) before the Itayose on close.
 
|elLimit  =  ± 3 points (3 million yen per contract)
 
|elLimit  =  ± 3 points (3 million yen per contract)
 
|elSym    =  <!-- Ticker symbol for electronic platform; leave blank if none -->
 
|elSym    =  <!-- Ticker symbol for electronic platform; leave blank if none -->
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== Resources ==
 
== Resources ==
[http://www.tse.or.jp/english/rules/derivatives/jgbf/spec.html Tokyo Stock Exchange JGB Futures Contract Specifications]
+
[https://www.jpx.co.jp/english/derivatives/products/jgb/jgb-futures/01.html Futures Contract Specs]
 
+
[http://www.tse.or.jp/english/rules/derivatives/jgbfo/spec.html Tokyo Stock Exchange Options on JGB Futures Contract Specifications]
+
  
 
== References ==
 
== References ==
 
<references />
 
<references />

Revision as of 13:51, 13 July 2018

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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.



TSE 5-year JGB futures
Exchange Tokyo Stock Exchange
Settlement Physically delivered
Contract Size 100 million yen face value
Pricing Unit 10,000 yen per contract
Tick Value ¥0.01
Contract Months March, June, September, December cycle (three contract months traded at any one time)
Last Trading Day 5th business day prior to each delivery date (20th day of each contract month, move-down the date when it is not the business day). Trading for the new contract month begins on the business day following the last trading day.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 8:45-11:02, 12:30-15:02, 15:30-5:30

(Note) An order acceptance period ("pre-closing") is established for 2 minutes(5 minutes in the Night Session) before the Itayose on close.

Ticker Symbol N/A N/A
Price Limits N/A ± 3 points (3 million yen per contract)

Notes

Resources

Futures Contract Specs

References

  1. Tokyo Stock Exchange Fact Book 2003. Tokyo Stock Exchange Group, Inc..