Tokyo Financial Exchange Inc.

  • JAPANESE
  • HOME
SEARCH

HOME>Products>Listed Products : Over-Night Call Rate Futures

Over-Night Call Rate Futures

Listing date 2007.12.3
Underlying asset Average Uncollateralized Overnight Call Rate (Final results) released by the Bank Of Japan (BOJ) over the interval between the BOJ Monetary Policy Meetings (MPMs) which TFX designates(*)
Trading unit ¥300,000,000 (Notional principal amount)
Price quotation 100 minus rate of interest
Tick size & Value 0.005
¥ 1,250 (¥300,000,000 × 0.005% × 30 / 360= ¥1,250)
Contract month First 6 calendar months
Last trading day The last day of the BOJ MPM which TFX designates(*)
Final settlement day The second business day following the last trading day
Final settlement Cash settlement
Final settlement price 100 minus the average Uncollateralized Over-Night Call Rate (final results) in the contract month released by BoJ over the interval between the BOJ MPMs which TFX designates, rounded to the nearest 3rd decimal place(*)
Trading hours
(JST)
8:30 - 8:45 Pre-open
8:45 - 11:30 Day session
11:30 - 12:30 Restricted period
12:30 - 15:30 Day session
15:30 - 20:00 Evening session
Trading hours for
the contract on
its last trading
day (JST)
8:30 - 8:45 Pre-open
8:45 - 11:30 Day session
11:30 - 12:30 Restricted period
12:30 - 15:30 Day session

(*)Current designations of the BOJ MPMs and the interval between the BOJ MPMs

Products
  • THREE-MONTH EUROYEN FUTURES
  • OPTIONS ON THREE-MONTH EUROYEN FUTURES
  • OVER-NIGHT CALL RATE FUTURES
  • OVER-NIGHT CALL RATE FUTURES
  • EXCHANGE FOREX MARGIN CONTRACTS

PAGE TOP

Copyright c 1996-2007 Tokyo Financial Exchange Inc.