Tokyo Grain Exchange Robusta Coffee
TGE Robusta Coffee futures trade on the Tokyo Grain Exchange (TGE). They were launched on June 16,1998[1].
Each TGE Robusta Coffee futures contract represents 5,000 kilograms of standard or deliverable grade unwashed robusta 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 Robusta Coffee futures contract also has a minimum delivery unit requirement of unwashed robusta coffee.
As of July 2008, each TGE Robusta 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 Robusta Coffee futures traded only 761 contracts (-92.4 percent YOY) and its turnover amounted to 2 billion yen (-91.8 percent YOY).
TGE Robusta Coffee futures | ||
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Exchange | Tokyo Grain Exchange | |
Settlement | Physically delivered | |
Contract Size | 5,000 kilograms | |
Pricing Unit | ¥50 | |
Tick Value | ¥500 | |
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.
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Ticker Symbol | N/A | N/A |
Price Limits | N/A |
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Notes[edit]
Resources[edit]
Tokyo Grain Exchange Robusta Coffee Futures Contract Specifications
References[edit]
- ↑ Robusta Coffee Futures Contract Specifications. Tokyo Grain Exchange.