Tokyo Financial Exchange Spot-Next Repo Rate Futures

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TFX Spot-Next Repo 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 Spot-Next Repo Rate futures did not trade at all[2].



Spot-next repo 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 Two business days prior to 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 Spot-Next Repo Rate futures Contract Specifications

References

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