Difference between revisions of "Tokyo Grain Exchange Azuki (Red Bean)"

From MarketsWiki
Jump to navigation Jump to search
(New page: <!-- Fill in values in between the = and | symbols for the parameters below. --> <!-- All comments like this one can be deleted... make sure you get the part at the line's end, too! --> {{...)
 
 
(5 intermediate revisions by 2 users not shown)
Line 1: Line 1:
{{Random_adbox}}
TGE Azuki (Red Bean) futures trade on the [[Tokyo Grain Exchange]] (TGE). They were launched on October 10, 1952<ref>{{cite web|url= http://www.tge.or.jp/english/contract/cont_s_azuki.shtml|org= Tokyo Grain Exchange |name= Azuki (Red Bean) Futures Contract Specifications |date=July 9, 2008}}</ref>. 
Each TGE Azuki (Red Bean) futures contract represents 2,400 kilograms (80 bags) of standard or deliverable Azuki (Red Bean), which is defined in accordance with the Exchange rules, and its delivery date is set as the business day prior to the last business day of the delivery month (December 24th for the December contract; if not a business day, the delivery day is moved up to the nearest business day).
As of July 2008, each TGE Azuki (Red Bean) futures contract is subject to a margin rate of 82,000 yen (122,000 yen after July 15) for the spot month and 62,000 yen for the next month, and 42,000 yen for the other months. 
In June 2008, TGE Azuki (Red Bean) futures traded 29,408 contracts (-21 percent YOY) and its turnover amounted to 50.3 billion yen (+4.2 percent YOY).
<!-- Fill in values in between the = and | symbols for the parameters below. -->
<!-- Fill in values in between the = and | symbols for the parameters below. -->
<!-- All comments like this one can be deleted... make sure you get the part at the line's end, too! -->
<!-- All comments like this one can be deleted... make sure you get the part at the line's end, too! -->
{{Infobox Midpage Need Sponsor Right}}
 
{{Contract
{{Contract
|exch    = Tokyo Grain Exchange <!-- Exchange name or acronym-->
|exch    = Tokyo Grain Exchange <!-- Exchange name or acronym-->
|cname    = Azuki (Red Bean) <!-- Contract name, like Feeder Cattle, 100 oz Gold, S&P 500 Index -->
|cname    = TGE Azuki (Red Bean) <!-- Contract name, like Feeder Cattle, 100 oz Gold, S&P 500 Index -->
|commod  = Azuki <!-- Simple name of the commodity, e.g. Cattle, Gold, Stock Market Index -->
|commod  = Azuki <!-- Simple name of the commodity, e.g. Cattle, Gold, Stock Market Index -->
|ctype    = Agricultural <!-- Type of commodity, e.g. Agricultural, Financial, Weather, Emissions -->
|ctype    = Agricultural <!-- Type of commodity, e.g. Agricultural, Financial, Weather, Emissions -->
Line 12: Line 21:
|ltd      = Two business days prior to the delivery day. <!-- Rules for determining Last Trading Day -->
|ltd      = Two business days prior to the delivery day. <!-- Rules for determining Last Trading Day -->
|unit    = 2,400 kilograms (80 bags) <!-- Unit of commodity in contract, e.g. 50,000 pounds -->
|unit    = 2,400 kilograms (80 bags) <!-- Unit of commodity in contract, e.g. 50,000 pounds -->
|ptdesc  =  <!-- Description of one contract point, e.g. 0.0001 cents per pound -->
|ptdesc  =  Yen per bag (net weight 30 kilograms)<!-- Description of one contract point, e.g. 0.0001 cents per pound -->
|ptval    =  <!-- Dollar (or other currency) value of a single contract point -->
|ptval    =  ¥80 per contract<!-- Dollar (or other currency) value of a single contract point -->
|tickPt  = ¥800 per contract <!-- Number of points per trading tick, eg 2.5 -->
|tickPt  = ¥10 per bag <!-- Number of points per trading tick, eg 2.5 -->
|tickVal  = ¥10 per bag <!-- Dollar (or other currency) amount of trading tick -->
|tickVal  = ¥800 per contract<!-- Dollar (or other currency) amount of trading tick -->
|elect    = Y <!-- Y if an electronic trading session exists; leave blank if none -->
|elect    = Y <!-- Y if an electronic trading session exists; leave blank if none -->
|elHours  = <!-- Electronic trading hours; leave blank if none -->
|elHours  = 9:00 a.m., 11:00 a.m., 1:00 p.m. and 3:00 p.m.
* 9:00 a.m. and 11:00 a.m. on the last trading day <!-- Electronic trading hours; leave blank if none -->
|elLimit  = * Contracts of under ¥8,000 = ¥300  
|elLimit  = * Contracts of under ¥8,000 = ¥300  
* Contracts from ¥8,000 to ¥16,000 = ¥350  
* Contracts from ¥8,000 to ¥16,000 = ¥350  
Line 49: Line 59:
}}
}}
== Notes ==
== Notes ==
== Resources ==
[http://www.tge.or.jp/english/contract/cont_s_azuki.shtml Tokyo Grain Exchange Azuki (Red Bean) Futures Contract Specifications]
== References ==
<references />

Latest revision as of 10:58, 6 February 2012


R1 220074 Ad-2-animated.gif


TGE Azuki (Red Bean) futures trade on the Tokyo Grain Exchange (TGE). They were launched on October 10, 1952[1].

Each TGE Azuki (Red Bean) futures contract represents 2,400 kilograms (80 bags) of standard or deliverable Azuki (Red Bean), which is defined in accordance with the Exchange rules, and its delivery date is set as the business day prior to the last business day of the delivery month (December 24th for the December contract; if not a business day, the delivery day is moved up to the nearest business day).

As of July 2008, each TGE Azuki (Red Bean) futures contract is subject to a margin rate of 82,000 yen (122,000 yen after July 15) for the spot month and 62,000 yen for the next month, and 42,000 yen for the other months.

In June 2008, TGE Azuki (Red Bean) futures traded 29,408 contracts (-21 percent YOY) and its turnover amounted to 50.3 billion yen (+4.2 percent YOY).



TGE Azuki (Red Bean) futures
Exchange Tokyo Grain Exchange
Settlement Physically delivered
Contract Size 2,400 kilograms (80 bags)
Pricing Unit ¥80 per contract
Tick Value ¥800 per contract
Contract Months 6 consecutive months
Last Trading Day Two business days prior to the delivery day.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 9:00 a.m., 11:00 a.m., 1:00 p.m. and 3:00 p.m.
  • 9:00 a.m. and 11:00 a.m. on the last trading day
Ticker Symbol N/A N/A
Price Limits N/A
  • Contracts of under ¥8,000 = ¥300
  • Contracts from ¥8,000 to ¥16,000 = ¥350
  • Contracts of ¥16,000 or more = ¥400
  • No price limits in the spot month from the 15th of the delivery month.

Notes[edit]

Resources[edit]

Tokyo Grain Exchange Azuki (Red Bean) Futures Contract Specifications

References[edit]