Difference between revisions of "Tokyo Grain Exchange Non-GMO Soybeans"
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TGE Non-GMO Soybean futures trade on the [[Tokyo Grain Exchange]] (TGE). They were launched on May 18, 2000<ref>{{cite web|url= http://www.tge.or.jp/english/contract/cont_s_gmo.shtml|org= Tokyo Grain Exchange |name= Non-GMO Soybean Futures Contract Specifications |date=July 9, 2008}}</ref>. | TGE Non-GMO Soybean futures trade on the [[Tokyo Grain Exchange]] (TGE). They were launched on May 18, 2000<ref>{{cite web|url= http://www.tge.or.jp/english/contract/cont_s_gmo.shtml|org= Tokyo Grain Exchange |name= Non-GMO Soybean Futures Contract Specifications |date=July 9, 2008}}</ref>. | ||
Each TGE Non-GMO Soybean futures contract represents 10,000 kilograms (10 metric tons) of standard or deliverable grade identity preserved non-genetically modified organism (non-GMO) No. 2 yellow soybeans, which is defined in accordance with the Exchange rules, and its delivery date is set as one business day prior to the last business day of the delivery month (December 24th for December contract; if not a business day, the delivery day is moved up to the nearest business day). | Each TGE Non-GMO Soybean futures contract represents 10,000 kilograms (10 metric tons) of standard or deliverable grade identity preserved non-genetically modified organism (non-GMO) No. 2 yellow soybeans, which is defined in accordance with the Exchange rules, and its delivery date is set as one business day prior to the last business day of the delivery month (December 24th for December contract; if not a business day, the delivery day is moved up to the nearest business day). | ||
As of July 2008, each TGE Non-GMO Soybean futures contract is subject to a margin rate of 50,000 yen for the spot month and 45,000 yen for the other months. | As of July 2008, each TGE Non-GMO Soybean futures contract is subject to a margin rate of 50,000 yen for the spot month and 45,000 yen for the other months. | ||
In June 2008, TGE Non-GMO Soybean futures traded 265,093 contracts (-75.9 percent YOY) and its turnover amounted to 506.5 billion yen (-57.3 percent YOY). | In June 2008, TGE Non-GMO Soybean futures traded 265,093 contracts (-75.9 percent YOY) and its turnover amounted to 506.5 billion yen (-57.3 percent YOY). | ||
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|exch = Tokyo Grain Exchange <!-- Exchange name or acronym--> | |exch = Tokyo Grain Exchange <!-- Exchange name or acronym--> |
Latest revision as of 10:58, 6 February 2012
TGE Non-GMO Soybean futures trade on the Tokyo Grain Exchange (TGE). They were launched on May 18, 2000[1].
Each TGE Non-GMO Soybean futures contract represents 10,000 kilograms (10 metric tons) of standard or deliverable grade identity preserved non-genetically modified organism (non-GMO) No. 2 yellow soybeans, which is defined in accordance with the Exchange rules, and its delivery date is set as one business day prior to the last business day of the delivery month (December 24th for December contract; if not a business day, the delivery day is moved up to the nearest business day).
As of July 2008, each TGE Non-GMO Soybean futures contract is subject to a margin rate of 50,000 yen for the spot month and 45,000 yen for the other months.
In June 2008, TGE Non-GMO Soybean futures traded 265,093 contracts (-75.9 percent YOY) and its turnover amounted to 506.5 billion yen (-57.3 percent YOY).
TGE Non-GMO Soybeans futures | ||
---|---|---|
Exchange | Tokyo Grain Exchange | |
Settlement | Physically delivered | |
Contract Size | 10,000 kilograms (10 metric tons) | |
Pricing Unit | ¥10 per contract | |
Tick Value | ¥100 per contract | |
Contract Months | February, April, June, August, October, and December within a twelve-month period | |
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., 10:00 a.m., 2:00 p.m. and 3:00 p.m.
|
Ticker Symbol | N/A | N/A |
Price Limits | N/A |
|
Notes[edit]
Resources[edit]
Tokyo Grain Exchange Non-GMO Soybean Futures Contract Specifications
References[edit]
- ↑ Non-GMO Soybean Futures Contract Specifications. Tokyo Grain Exchange.