SINGAPORE EXCHANGE "FULL-SIZE" JGB FUTURES & OPTIONS
On April 18th, the Singapore Exchange launched trading in
"full-size" futures and options on Japanese Government Bonds.
PC-SPAN parameters are as follows:
For the futures:
* Clearing Organization: SMX
* Exchange: SMX
* Product Codes: JG
* Product Names: JGB FULL-SIZE
* Product Type: Future
* Settlement Currency: JPY
* Contract Value Factor: 1,000,000
* Settlement Method: CASH
* Price Quotation Method: STD
* Valuation Method: FUT
* Settlement Price Decimal Locator: 2
For the options:
* Clearing Organization: SMX
* Exchange: SMX
* Product Codes: JG
* Product Names: JGB FULL-SIZE
* Product Type: Option on Future
* Settlement Currency: JPY
* Contract Value Factor: 1,000,000
* Settlement Method: DELIV
* Price Quotation Method: STD
* Valuation Method: PREM
* Settlement Price Decimal Locator: 2
* Strike Price Decimal Locator: 2
* Cabinet Option Value: 300
To include positions in these products in portfolios to be
margined using PC-SPAN, as always, you must either manually add
records to the Organization Master file or download the updated
master file at ftp.cme.com/pub/span/util/orgmast.exe. The
corresponding master files for the old DOS-based PC-SPAN are
ftp.cme.com/pub/span/util/comast11.exe (version 3.11 and higher)
and ftp.cme.com/pub/span/util/comast.exe.
