Nikkei 225 Index
The Nikkei 225 (日经指数) is a widely watched barometer of the Japan stocks market activities and sentiments.
In 1986, SIMEX first introduced the Nikkei 225 Index Futures. By 1990, Nikkei 225 Futures grew to be the world’s largest stock index futures product, surpassing Chicago’s S&P 500 Futures.
Today, it continues to be one of the world’s leading stock index futures products, listed on both Singapore Exchange(SGX) and Chicago Mercantile Exchange(CME) under a mutual offset agreement offering trading almost round the clock.
| Contract Specifications: | |
| Contract Size (SGX/CME) | ¥ 500 x Nikkei 225 Index |
| Minimum Price Fluctuation | 5 points |
| Value of one tick | ¥ 2500 |
| Contract Months | March, June, September, December |
Electronic Trading of SGX Nikkei 225 Futures
新 坡交易所 - 日经指数期货
The Singapore Exchange introduced electronic trading (ETS Nikkei 电子交易) during the normal trading hours. Previously, the SGX Nikkei 225 futures was only traded on the open outcry and electronic trading was limited to the after-hours session from 3.30pm to 7.00pm Singapore time.
As of 1 November 2004, you may trade Nikkei 225 electronically during normal Japan trading hours.
| SGX Nikkei 225 (Singapore time, GMT +8) | |||
| Electronic trading | 7.45am - 10.15am | 11.15am - 2.30pm | 3.30pm - 7.00pm |
| Open outcry | 7.55am - 10.15am | 11.15am - 2.25pm | Closure of open outcry trading wef 31 March 2005 |
OSE Nikkei 225 Futures
日经指数期货
Higher volume of Nikkei 225 Futures are traded electronically in the Osaka Stock Exchange(OSE), here’s the OSE Nikkei 225 Futures contract specifications.
| Contract Size (OSE) | ¥1000 x Nikkei 225 |
| Minimum Price Fluctuation | 10 points |
| Value of one tick | ¥10000 |
| Contract Months | March, June, September, December |
Trading hour: 9am to 11am and 12.30am to 3.15pm, Japan time (GMT +9).
Leave a Comment