Revitalization of back delivery months in Three-month Euroyen Futures

• TFX has decided to introduce a new Designated Market-Making scheme and Fee Discount Program for three-month Euroyen futures’ back months trading from 30 September 2013.
• TFX appointed Morgan Stanley MUFG Securities Co., Ltd as a market maker to improve liquidity in back contract months between Quarters 7 and Quarters 12.
• Three-month Euroyen Futures Discount Program discounts trading fees deeply up to 90% off. Details of this program are contains in the appendix of this release.
• By introducing the new market-making scheme and the discount program, TFX aims to provide its customers with greater flexibility to manage interest rate risk after the BOJ’s “Quantitative and Qualitative Monetary Easing”.

 ( Appendix )  Three-month Euroyen Futures Discount Program (PDF 80KB)

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