| Nikkei 225 (USD) Options | |||||
|---|---|---|---|---|---|
| Opening Date | 9/25/1990 | ||||
| Ticker Symbol | KN (Calls) JN (Puts) NK= Clearing View product and vendor codes |
||||
| Contract Size | One Nikkei 225 USD futures contract | ||||
| Tick Size (minimum fluctuation) | OUTRIGHT | 5.00 index points=$25.00 | |||
| Trading Hours All times listed are Central Time (CT) |
Open Outcry | MON - FRI: 8:30 - 3:15p.m. | |||
| Contract Months | Open Outcry | Four months in the March Quarterly Cycle (e.g., Mar, Jun, Sep, Dec) and two serial months (e.g., Apr, May, Jul) | |||
| Last Trade Date/Time View Calendar |
Open Outcry | Quarterly: 3: 15 p.m. on Business Day prior to 2nd Friday of the contract month Serial: 3:15 p.m. on 3rd Friday of the contract month | |||
| Final Settlement Procedure | Cash Settlement. All open positions at close of last day of trading are settled in cash to the Special Opening Quotation (SOQ) of the Nikkei 225 Stock Average referencing the opening values of the constituent stocks. See SOQ FAQ. | ||||
| Daily Price Limits | View price limits details. | ||||
| Position Limits | See: CME Rulebook Chapter 5 - POSITION LIMIT, POSITION ACCOUNTABILITY AND REPORTABLE LEVEL TABLE (PDF) | ||||
| Block Trade Eligibility | Yes. View more on block-trade eligible contracts. | ||||
| Block Minimum | 50 contracts | ||||
| Rulebook Chapter | 352A | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of CME. | ||||