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NIKKEI

CONTRACT SPECIFICATIONS for JAPANESE STOCK INDEX


Contract Code

JPK5O

Basic Contract

Indices of 225 Japanese stocks traded on the Singapore Exchange for a contract month is used as reference ( Reference Month )

Type of contract

Rolling Periodic Contract

Typical features of the Contract

This contract does not recognize the last trading day . Position still open at the end of the day will be extended automatically to the next day .

Unit Contract / Contract Multiplier

  USD 5 per index numbers

Minimu Tick Change

5 (lima) angka indeks

Reference Month

Periodically , the Stock will be set one -month contract which is used as reference for Pricenya Settlement Settlement Price . Month contract which will be successively Reference Month is : March , June , September and December

Daily Price Limits

When prices moved up 7.5 persendari closing price the previous day , trading would be suspended for 15 minutes . Trade will continue to besuspend during the next 15 minutes if the price moves to reach 12.5 per cent ( well below atupun ai above closing price the previous day ) , where there are no daily price limits on trading that day again.

The delay will not occur during the 30 minutes of the last trading day.

The delay will not occur on the last trading day.

Settlement Price

Settlement Price refer to numbers Index Futures Contracts 225 Japanese stock traded on the Singapore Exchange for the Reference Month nearest to the Reference Month Change Day .

Reference Month Day Change

3 (three ) working days before the Friday two weeks into the current Reference Month , Settlement Price will be based on Settlement Price Reference next month .

Reference Month Adjustment due to change

Basis ( difference ) between the two Settlement Amounts month contract at the end of the day before the Reference Month Day CHANGE is not counted as income or loss . These adjustments will be announced by the Exchange with the applicable procedures of Adjustment on the stock .

Trading Costs

DAILY INTEREST : USD 30.000, - / lot / side or U.S. $ 3 / lot / side

COMMISSION : USD 600.000, - / settlement or U.S. $ 60 / settlement

Per Lot Guarantee Fund

Day Trade: Rp 7.5 million , - or US$ 750

Overnight Trade: Rp 15 million , - or US$ 1.500

Hedge : Rp 3.000.000, - or US$ 300

Days and Hours Trading

Days and Hours of Trade followed the Singapore Exchange

WIB : 06.45 – 13.25

WIB : 14.15 – 01.00 (hari berikutnya)

* Hours trading in Online Trading System using the time difference GMT +1 or 6 (six ) hours with WIB *