Permission, etc. from Overseas Relevant Authorities
1. United States of America
Offer and Sale, etc. to U.S. Investors
OSE received No-Action Letter, etc. concerning offer and sale, etc. of futures/options contracts to U.S. investors as follows.
|Date||Name of Contract||Relevant Authority||Status|
|January 16, 1992||Nikkei Stock Average Futures Contract||CFTC||No-Action Letter Received|
|May 17, 1994||Nikkei Stock Index 300 Futures Contract|
|July 23, 1999||Nikkei Stock Average Options Contract||SEC|
|Nikkei Stock Index 300 Options Contract|
|Security Options Contract|
|February 14, 2003||MSCI JAPAN Index Futures Contract||CFTC|
|March 16, 2005||Russell/Nomura Prime Index Futures Contract|
|July 10, 2006||Nikkei 225 mini Contract|
|March 9, 2012||Nikkei Stock Average Volatility Index Futures Contract||Certified|
|June 14, 2012||OSE Dow Jones Industrial Average Futures Contract|
(CFTC: U.S. Commodity Futures Trading Commission, SEC: U.S. Securities and Exchange Commission)
- (*) The trading in the Nikkei Stock Index 300 Options Contract and the MSCI JAPAN Index Futures Contract is currently suspended.
- (*) The No-Action Letter for Security Options is NOT applied to trading in options based on securities other than equities.
- (*) Please note the conditions imposed by the SEC will apply when Transaction Participants are entrusted by customers located in the U.S.
Direct Access from the U.S.
OSE received No-Action Letter from the CFTC concerning direct access to the OSE's market from the U.S. on June 1, 2011.
The following contracts were approved as tradable products for Taiwanese Investors.
|Date||Name of Contract||Relevant Authority|
|May 3, 1995||Nikkei Stock Average Futures Contract||Financial Supervisory Commission, Executive Yuan, R.O.C|
|Nikkei Stock Index 300 Futures Contract|
|May 12, 2006||Nikkei Stock Average Options Contract|
|November 17, 2006||Nikkei 225 mini Contract|
OSE is authorized for providing automated trading services through its derivatives trading platform (J-GATE) by the Hong Kong Securities and Futures Commission (“SFC”), with effect from December 19, 2012.
The authorization by the SFC enables securities firms in Hong Kong to trade futures/options contracts on the OSE markets as Remote Transaction Participants.