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Nikkei/Yen Futures Contract Specs

Contract Unit ¥500 (yen) x Nikkei Stock Average
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET)

BTIC CME Globex: Sunday - Friday 6:00 p.m. - Monday 1:00 a.m./2:00 a.m. ET (3 p.m. Tokyo).
Monday - Thursday 11:00 a.m. - 1:00 a.m./2:00 a.m. ET (3 p.m. Tokyo); no 11:00 a.m.- 5:00 p.m. ET session on Friday. Monday - Thursday 5:00 p.m. - 6:00 p.m. ET daily maintenance period.

Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET

BTIC CME Clearport: Sunday 6:00 p.m. - Monday 1:00 a.m./2:00 a.m. ET (3:00 p.m. Tokyo time). Monday - Thursday 11:00 a.m. - 5:00 p.m. ET and 6:00 p.m. - 3:00 a.m./2:00 a.m. ET (3pm Tokyo time). Friday 11:00 a.m. - 5:00 p.m.  ET. Monday - Thursday 5:00 p.m. - 6:00 p.m. ET daily maintenance period.
Minimum Price Fluctuation 5.00 index points= ¥2500
BTIC: 0.10 index points= ¥50
Product Code CME Globex: NIY
CME ClearPort: N1
Clearing: N1
BTIC: NIT
Listed Contracts 12 months in the March Quarterly Cycle (Mar, Jun, Sep, Dec), 3 serial (non-quarterly)  and 3 December expirations

BTIC: 12 months in the March Quarterly Cycle (Mar, Jun, Sep, Dec), 3 serial (non-quarterly)  and 3 December expirations
Settlement Method Financially Settled
Termination Of Trading Trading terminates 5:00 p.m. Eastern Time (ET) on the Thursday prior to the second Friday of the contract month.
BTIC: Trading terminates at 2:00 a.m. ET (3:00 p.m. Tokyo time) on the Thursday prior to the second Friday of the contract month.
Settlement Procedures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 352B
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits 
Vendor Codes Quote Vendor Symbols Listing

About Nikkei 225 Yen Futures

Nikkei 225 Yen-denominated futures allow market participants to gain exposure to Japan’s premier stock index while also gaining exposure to the Japanese yen. An efficient way to monitor Japan’s economy and stock market, Nikkei 225 includes the top 225 blue-chip companies listed on the Tokyo Stock Exchange. 

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