| Opening Date |
2/23/2004 |
| Ticker Symbol |
NIY
N1= Clearing
View product and vendor codes |
| Contract Size |
¥500 (yen) x Nikkei 225 YEN futures price |
| Tick Size (minimum fluctuation) |
OUTRIGHT |
5.00 index points=¥2500 |
Trading Hours
All time listed are Central Time |
CME Globex (Electronic Platform)
|
CST: 05:00 -15:15 CDT 06:00-15:15
Reopens 15:30-16:30 Reopens 15:30-16:30
Closes 16:30 Closes 16:30-17:00
Reopens 17:00-18:00 |
| Contract Months |
12 quarterlies and 3 serials |
Last Trade Date/Time
View Calendar |
CME Globex - 3:15 p.m. on the Thursday prior to the second Friday of the contract month |
| Final Daily Settlement Time |
All trades executed after 15:15 will have next day's trade date. |
| 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.
All trades executed after 15:15 will have next day's trade date. |
| Daily Price Limits |
Lead Month Settlement Daily Limit (Index Points)
0-20,000 1,000
20,005-30,000 1,500
30,005 and up 2,000
Represents Nikkei USD and Yen combined.
View price limits details |
| Position Limits |
5,000 contracts |
| Block Trade Eligibility |
Yes. View more on block-trade eligibile contracts. |
| Block Minimum |
50 contracts |
| Rulebook Chapter |
352 B |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
