Published On: Mon, Apr 15th, 2013

OSE Partial Amendment in Rules and Regulations to Expand Contract Months for Nikkei 225 Futures and Options

In order to increase convenience for investors, OSE will increase contract months for futures and options, and strike prices for options, on Nikkei 225. Therefore, OSE will make partial amendments to the related rules and regulations.
For this matter, OSE sought public comments on “Expansion of Contract Months, etc. for Nikkei 225 Futures and Options (Draft)” from January 31, 2013 to March 1, 2013. OSE did not receive any comments for that OSE deemed it necessary to revise the draft amendment. Therefore, they will be implemented as proposed.

Please see the appendix for main comments on this matter and OSE’s responses to them. OSE appreciates those who made comments for the cooperation in reviewing this matter.

Nikkei Futures
Quarterly Contract Months (available for a period up to 5 years)
– Jun. and Dec. : nearest 10 contract months
– Mar. and Sep. : nearest 3 contract months

Mini
(1) Quarterly Contract Months (available for a period up to 5 years)
– Jun. and Dec. : nearest 10 contract months
– Mar. and Sep. : nearest 3 contract months
(2) Monthly Contract Months (available for a period up to 5 months)
– nearest 3 contract months

Nikkei Options
(1) Quarterly Contract Months (available for a period up to 5 years)
– Jun. and Dec. : nearest 10 contract months
– Mar. and Sep. : nearest 3 contract months
(2) Monthly Contract Months (available for a period up to 9 months)
– nearest 6 contract months

Strike Prices
(1) For nearest 3 contract months
– +/- 16 strike prices with 125 Yen interval
(2) For other contract months
– +/- 16 strike prices with 250 Yen interval

About the Author

-

IRP Journal

IRP Journal

Sponsor

OPINION POLL

Poll results are published in our Weekly Newsletter -->
subscribe
All Rights Reserved WIld Wild Web Limited