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HOME>Products>Listed Products : Spot-Next Repo Rate Futures

Over-Night Call Rate Futures

Listing date 2007.12.3
Underlying asset Average GC Spot-Next Repo Rate (Tokyo Repo Rate) 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 Two business days prior to the last day of the BOJ MPM which TFX designates(*)
Final settlement day The first business day following the last trading day
Final settlement Cash settlement
Final settlement price 100 minus the average GC Spot-Next Repo Rate 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 - 11:00 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

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