Nikkei 225 mini

CONTRACT SPECIFICATIONS - Nikkei 225 mini -

Underlying index Nikkei Stock Average (Nikkei 225)
Contract months The nearest 2 months from the March quarterly cycle plus the nearest 3 months which do not overlap the March cycle
Contract unit Nikkei 225 × ¥100
Minimum fluctuation ¥5 (value per tick: ¥500 per contract)
Daily price limits
Last trading day The business day preceding the second Friday of each contract month (When the second Friday is a non-business day, it shall be the preceding business day.)
Trading in a new contract month begins on the business day following the last trading day.
Settlement Cash Settlement
Final settlement price Special Quotation
(SQ calculation is based on the total opening prices of each component stock of Nikkei 225 on the business day following the last trading day.)
Trading hours 9:00-15:15, 16:30-3:00
*An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close.
Trading system Fully Automated Computer System
Strategy Trades The calendar spread trading is available.
J-NET Derivatives Trading Available
Available for trading in the U.S. Yes
Margin Calculated based on SPAN®
Risk is netted out between Nikkei 225 mini and Nikkei 225 Futures.
Give-up Available
Position-Transfer Available