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. |
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| Minimum Price Fluctuation |
5.00 index points= ¥2500 BTIC: 0.10 index points= ¥50 |
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| Product Code | CME Globex: NIYCME ClearPort: N1Clearing: N1BTIC: 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 |
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| 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. |
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| 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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