Rules & Regulations
Rules & Regulations(Translation)
While the originals of TFX's rules, regulations and forms of agreements are prepared in Japanese only, the English translations are provided on this website for reference purpose.
Rules & Regulations
| No |
File Name |
Format |
Effective Date |
| y-01 |
Articles of Incorporation |
PDF129KB |
July 19, 2019 |
| y-02 |
Trading Member Regulations |
PDF1,210KB |
March 1, 2024 |
| y-03 |
Trading Regulations |
PDF850KB |
March 20,2023 |
| y-04 |
Special Provisions for Trading Regulations for FX Daily Futures Transactions |
PDF923KB |
October 26, 2020 |
| y-05 |
Special Provisions for Trading Regulations for Equity Index Daily Futures Transactions |
PDF682KB |
September 11, 2023 |
| y-06 |
Special Provisions for Trading Regulations for FX Clearing Futures Transactions |
PDF460KB |
April 12, 2021 |
| y-07 |
Brokering Terms |
PDF944KB |
September 11, 2023 |
| y-08 |
Special Provisions for Trading Regulations and Brokering Terms for Options |
PDF325KB |
March 20,2023 |
| y-09 |
Clearing Regulations |
PDF2,207KB |
March 1, 2024 |
| y-10 |
Regulations for Margin and Unsettled Market Derivatives Contracts |
PDF864KB |
January 9, 2024 |
| y-11 |
Regulations for Margin and Unsettled Contracts for FX Daily Futures Transactions |
PDF597KB |
April 12,2021 |
| y-12 |
Regulations for Margin and Unsettled Contracts for Equity Index Daily Futures Transactions |
PDF609KB |
February 28,2022 |
| y-13 |
Regulations for Margin and Unsettled Contracts for FX Clearing Futures Transactions |
PDF511KB |
April 12, 2021 |
Rules & Regulations related to Articles of Incorporation
| No |
File Name |
Format |
Effective Date |
| v-01 |
Rules for Advisory Committees |
PDF208KB |
November 1,2021 |
Rules & Regulations related to Trading Member Regulations
| No |
File Name |
Format |
Effective Date |
| v-02 |
Enforcement Regulations for Trading Member Regulations |
PDF882KB |
March 20,2023 |
| v-03 |
Schedule of Default Interest Rates under TFX Clearing Agreement |
PDF35KB |
February 27,2017 |
| v-04 |
Regulations for Eligible Securities for Market Entry Deposit |
PDF244KB |
January 9, 2024 |
| v-05 |
Inspection Regulations |
PDF106KB |
September 30, 2007 |
| v-06 |
Mediation Regulations |
PDF18KB |
April 1, 2004 |
| v-07 |
Joint Mediation Regulations |
PDF11KB |
April 1, 2004 |
| v-08 |
Regulations for Trading Registration Fees and Other Charges |
PDF393KB |
September 11, 2023 |
Rules & Regulations related to Trading Regulations
| No |
File Name |
Format |
Effective Date |
| f-01 |
Enforcement Regulations for Trading Regulations |
PDF369KB |
January 4, 2024 |
| f-02 |
Enforcement Regulations for Special Provisions for Trading Regulations for FX Daily Futures Transactions |
PDF192KB |
November 18, 2019 |
| f-03 |
Enforcement Regulations for Special Provisions for Trading Regulations for Equity Index Daily Futures Transactions |
PDF420KB |
September 11, 2023 |
| f-04 |
Enforcement Regulations for Special Provisions for Trading Regulations for FX Clearing Futures Transactions |
PDF202KB |
April 12, 2021 |
| f-05 |
Market Maker Regulations |
PDF125KB |
March 20,2023 |
| f-06 |
Market-Making Regulations for FX Daily Futures Transactions |
PDF48KB |
October 27, 2008 |
| f-07 |
Market-Making Regulations for Equity Index Daily Futures Transactions |
PDF199KB |
September 11, 2023 |
Rules & Regulations related to Brokering Terms
| No |
File Name |
Format |
Effective Date |
| f-08 |
Schedule of Default Interst Rates under the Agreement concerning Establishment of Interest Rate Futures Transactions Account, the Agreement concerning Establishment of FX Daily Futures Transactions Account and the Agreement concerning Establishment of Equity Index Daily Futures Transactions |
PDF17KB |
October 1, 2010 |
Rules & Regulations related to Special Provisions for Options
| No |
File Name |
Format |
Effective Date |
| k-01 |
Enforcement Regulations for Special Provisions for Trading Regulations and Brokering Terms for Options |
PDF103KB |
January 4, 2024 |
Rules & Regulations related to Clearing Regulations
| No |
File Name |
Format |
Effective Date |
| k-02 |
Enforcement Regulations for Clearing Regulations |
PDF969KB |
September 11, 2023 |
| k-03 |
Regulations for Eligible Securities for Clearing Deposit |
PDF245KB |
January 9, 2024 |
| k-04 |
Japanese Yen Settlement Regulations |
PDF339KB |
March 20,2023 |
| k-05 |
Enforcement Regulations for Regulations for Margin and Unsettled Market Derivatives Contracts |
PDF149KB |
March 20,2023 |
| k-06 |
FX Exchange Margin Settlement Regulations |
PDF461KB |
March 20,2023 |
| k-07 |
Equity Index Exchange Margin Settlement Regulations |
PDF249KB |
March 20,2023 |
| k-08 |
FX Clearing Exchange Margin Settlement Regulations |
PDF392KB |
March 20,2023 |
| k-09 |
Percentage Figures to Calculate FX Margin Reference Amount for Individual Customer |
PDF65KB |
August 1, 2011 |
| k-10 |
Regulations for The Forced Allocation Measures for FX Clearing Futures Transactions |
PDF156KB |
April 12, 2021 |
As of March 31,2024*
*
For the most current version of the rules and regulations, please see the original Japanese versions.
Forms of Agreements(Translation)
| No |
File Name |
Format |
Effective Date |
| p-01 |
TFX Clearing Agreement(Interest Rate Futures contracts version) |
Word116KB |
March 20,2023 |
| p-02 |
TFX Clearing Agreement(FX Daily Futures contracts version) |
Word85KB |
February 27,2017 |
| p-03 |
TFX Clearing Agreement(Equity Index Daily Futures contracts version) |
Word85KB |
February 27,2017 |
| p-04 |
Agreement concerning Establishment of Interest Rate
Futures Transactions Account *1 |
Word173KB |
March 20, 2023 |
∗1 The document entitled 'Agreement concerning Establishment of Interest Rate Futures Transactions Account' is not a translation and is in its original form. This document was submitted to the FSA independently.
Before starting give-up trades, a give-up agreement needs to be entered into among a Customer, an Executing Member and a Carrying Member to specify the fees, payment terms, conditions for the rejection of take-up trades, etc, in accordance with Article 7-4 of the Brokering Terms. The form of International Uniform Brokerage Execution Service (Give-up) Agreement prepared by FIA (Futures Industry Association) is available for reference and can be used as the give-up agreement among a Customer, an Executing Member and a Carrying Member if the parties agree so.
Outline of Rules(Translation)
| No |
File Name |
Format |
Effective Date |
| w-01 |
Outline for Three-month TONA futures |
PDF470KB |
January 4, 2024 |
| w-02 |
Outline for Three-month TONA futures option contracts |
PDF351KB |
January 4, 2024 |
| w-03 |
Outline for Three-month Euroyen Futures |
PDF259KB |
January 4, 2024 |
| w-04 |
Outline for Margin Regulations (Interest Rate Futures contracts) |
PDF366KB |
March 20, 2023 |
| w-05 |
Outline for Block Trade Schemes |
PDF266KB |
January 4, 2024 |
| w-06 |
Outline of Rule for FX Clearing |
PDF331KB |
April 12, 2021 |
The originals of all the rules, regulations, forms of agreements, and outline of rules of TFX have 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 within or without courts of law in regard to the meaning of the words, provisions and stipulations of the rules, regulations and agreements shall be decided in accordance with the Japanese language texts.Whilst reasonable care has been taken to ensure that these translations are accurate and free from errors, no liability is accepted by TFX in any circumstances.
