Tokyo Financial Exchange Over-Night Call Rate Futures

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TFX Over-Night Call Rate futures trade on the Tokyo Financial Exchange (TFX). They were launched on December 3, 2007[1].

In the first six months of 2008, TFX Over-Night Call Rate futures traded only 2,299 contracts[2].



Over-night call rate futures
Exchange Tokyo Financial Exchange
Settlement Cash settled
Contract Size ¥300,000,000 (Notional principal amount)
Pricing Unit Need pricing unit!
Tick Value 0.005
Contract Months First 12 calendar months
Last Trading Day The last business day of the contract month
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A
  • 8:30 - 8:45 = Pre-open period (Order entry without execution)
  • 8:45 - 11:30 = Day(morning) session (Cleared as today's trade)
  • 11:30 - 12:30 = Restricted period (Cancel and volume cutback only)
  • 12:30 - 15:30 = Day(afternoon) session (Cleared as today's trade)
  • 15:30 - 20:00 = Evening session (Cleared as the next day's trade)
Ticker Symbol N/A N/A
Price Limits N/A N/A

Notes

Resources

Tokyo Financial Exchange Over-Night Call Rate futures Contract Specifications

References

  1. History. Tokyo Financial Exchange Inc..
  2. MONTHLY STATISTICS June 2008. Tokyo Financial Exchange Inc..