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Tokyo Financial Exchange (TFX)

Tokyo Financial Exchange

 

Trading Hours

Interest Rate Futures Contracts Trading Hours

Trading Period - Hours (JST:Japanese Standard Time)
Pre-Open Period 8:30-8:45
Day (Morning) Session 8:45-11:30
Restricted (Pull/Volume Reduction Only) Period 11:30-12:30
Day (Afternoon) Session 12:30-15:30
Evening Session 15:30-20:00

Six-month Euroyen LIBOR Futures Trading Hours on Last Trading Day

Trading Period - Hours (JST:Japanese Standard Time)
Pre-Open Period 8:30-8:45
Day (Morning) Session 8:45-11:30
Restricted (Pull/Volume Reduction Only) Period 11:30-12:30
Day (Afternoon) Session 12:30-15:30
Evening Session 15:30-20:00*
* During the time when Dalight Saving time is applied in London, evening session closes at 19:00

Three-Month Euroyen Futures, Options on Three-Month Euroyen Futures Trading Hours on Last Trading Day

Trading Period - Hours (JST:Japanese Standard Time)
Pre-Open Period 8:30-8:45
Day Session 8:45-11:00

Over-Night Call Rate Futures Trading Hours on Last Trading Day

Pre-Open Period 8:30-8:45
Day Session 8:45-11:30
Restricted period 11:30-12:30
Day Session 12:30-15:30

* Pre-Open Period
The pre-open period is a period exclusively for order submissions. The types of orders accepted during this period are Limit Orders and Market Orders with “on-open” condition only. Orders received in this period are matched simultaneously at a single price at the time of market opening.
* Seamless Shift from Day Session to Evening Session
Unless otherwise specified, the unmatched orders at the end of a day session are carried over to the subsequent evening session.

FX products Trading Hours
1. Yen Currency Pairs

Days
of Week
Non-period
of
summer time
in New York
The
period of
summer time
in New York
Open
Closing
Open
Closing
Monday
7:10AM
The
next day
6:55AM
7:10AM
The
next day
5:55AM
Tuesday~Thursday
7:55AM
6:55AM
Friday
The
next day
6:00AM
The
next day
5:00AM

2. Cross Currency Pairs

Days
of Week
Non-period
of
summer time
in New York
The
period of
summer time
in New York
Open
Closing
Open
Closing
Monday
7:10AM
The
next day
6:25AM
7:10AM
The
next day
5:25AM
Tuesday~Thursday
7:55AM
6:55AM
Friday
The
next day
5:30AM
The
next day
4:30AM