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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. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)

BTIC: Sunday - Friday 6:00 p.m. ET - 3:00 p.m. Tokyo time (1:00 a.m./2:00 a.m. ET) and Monday - Thursday Noon to 5:00 p.m. ET
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)

BTIC: Sunday - Friday 6:00 p.m. ET - 3:00 p.m. Tokyo time (1:00 a.m./2:00 a.m. ET) and Monday - Thursday Noon to 5:00 p.m. ET
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: "NIM","NIT"
Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 12 quarters, nearest 3 serial contract months, and 3 additional Dec contract months

BTIC: Quarterly contracts (Mar, Jun, Sep, Dec) listed for 12 quarters, serial contracts listed for 3 months, and 3 additional Dec contract months
Settlement Method Financially Settled
Termination Of Trading Trading terminates 5:00 p.m. ET on the Thursday prior to the second Friday of the contract month.

BTIC: Trading terminates at 3:00 p.m. Tokyo time (1:00 a.m./2:00 a.m. ET) 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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