OSE RN Prime Index Futures
OSE RN Prime Index futures trade on the Osaka Securities Exchange (OSE). They were launched on April 25, 2005. The RN Prime Index is the Market capitalization-weighted stock index that Russell Investments and Nomura Securities Co., Ltd composed with shares of 1,000 companies listed on Japanese stock exchanges with the starting date of the index calculation set on December 30, 1996.
In 2007, OSE RN Prime Index futures traded 17,317 contracts.
|RN Prime Index futures|
|Exchange||Osaka Securities Exchange|
|Contract Size||RN Prime Index × ¥10,000|
|Pricing Unit||10,000 yen|
|Tick Value||5,000 yen|
|Contract Months||5 months in the March quarterly cycle: Mar, Jun, Sep, Dec (Max, 1 year and 3 months)|
|Last Trading Day||A business day preceding the 2nd Friday of each contract month|
|Note: This contract is electronic ONLY -- no open outcry|
|No Open Outcry||Electronic|
|Trading Hours||N/A||9:00 - 11:00, 12:30 - 15:10, 16:30 - 19:00 JST (9:00 - 11:10 on a half-trading day)|