News File
Concerning the Launch of the amended Overnight Interest Rate Futures
(21 June 2010)
TFX has been suspending the trading of Over-Night
Call Rate Futures and Spot-Next Repo Rate Futures (hereinafter collectively
called Overnight Interest Rate Futures) in preparation for the forthcoming
launch of the amended Overnight Interest Rate Futures.
The launch date for the amended Overnight Interest Rate Futures and handling
of the contract months for the amended Overnight Interest Rate Futures are
as follows.
(1) Launch date for the amended Overnight Interest Rate
Futures
The amended Overnight Interest Rate Futures will be made available
for trading on and from Monday 28 June 2010 as mentioned in the news file
dated 9 Mar 2010 .
(2) Concerning the handling of the contract months for the
amended Overnight Interest Rate Futures
The number of contract months for the Overnight Interest Rate Futures
will be changed from 12 consecutive calendar months to 6. The period for
calculation of the Final Settlement Price for the Overnight Interest Rate
Futures will be changed from one calendar month to the interval between
the BOJ’s Monetary Policy Meetings designated by TFX.
Please see the following links for the period for calculation
of the Final Settlement Price for the Overnight Interest Rate Futures
as of June 28, 2010.
http://www.tfx.co.jp/en/trading/trading2.shtml
TFX will determine and publish the period for calculation of the Final
Settlement Price of new contract months for the Overnight Interest Rate
Futures about two weeks before the first trading day of each contract
months in the links above.
Exhibit 1 Comparison between the old and new Contract Specifications For
Overnight Interest Rate Futures
Exhibit 2 Outline for Over-Night Call Rate Futures
Exhibit 3 Outline for Spot-Next Repo Rate Futures
The original of this publication has been prepared in the Japanese language only and the Japanese language texts shall govern for all purposes and in all respects.
Accordingly, all questions that may arise shall be decided in accordance with the Japanese language texts. Whilst reasonable care has been taken to ensure that this translation is accurate and free from errors, no liability is accepted by TFX in any circumstances.
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For Contact Market Planning Group Market Development Department Tel:+81 3 4578 2440 Fax:+81 3 3212 5780 Email:info@tfx.co.jp URL: http://www.tfx.co.jp/en |
