Japan OSE: NK225M Nikkei 225 Mini Futures prices chart




Nikkei 225 Futures (Large Contracts) specification :
Opening Date: September 3, 1988.
Underlying Index: Nikkei Stock Average (Nikkei 225)

Contract Unit: Nikkei 225 × ¥1,000
Tick Size: ¥10 (Value per tick: ¥10,000 per contract)
Settlement: Cash Settlement
Price Limits/ Circuit Breaker Rule : Normal 8%, 1st Expansion 12%, 2nd Expansion 16%.


Nikkei 225 Mini Futures
It is a tenth of the contract size of Nikkei 225 Large Contracts.
Opening Date: July 18, 2006.
Underlying Index: Nikkei Stock Average (Nikkei 225)

Contract Unit: Nikkei 225 × ¥100
Tick Size: ¥5 (Value per tick: ¥500 per contract)
Settlement: Cash Settlement

Contract Months:
(1) Quarterly Contract Months (Available for a period up to 5 years) June and December: Nearest 10 contract months March and September: Nearest 3 contract months.
(2) Monthly Contract Months (Available for a period up to 5 months) nearest 3 contract months.


Contract Months: Quarterly Contract Months (Available for a period up to 8 years) June and December: Nearest 16 contract months, March and September: Nearest 3 contract months.

Last Trading Day: The business day preceding the second Friday of each contract month (When the second Friday is a non-business day, it shall be the preceding business day.), Trading in a new contract month begins on the business day following the last trading day.

Trading Hours (Tokyo) :
(1) Day Session: Opening Auction 8:45, Regular Session (Zaraba) 8:45-15:10, Closing Auction 15:15.
(2) Night Session: Opening Auction 16:30, Regular Session (Zaraba) 16:30-5:55, Closing Auction 6:00.


Nikkei 225 (Nikkei Stock Average, 日経平均株価)
Stock market index for the Tokyo Stock Exchange (TSE), calculated by the Nihon Keizai Shimbun (The Nikkei) newspaper since 1950.
It is operating in the Japanese Yen (JPY, JP¥).
It measures the performance of 225 large, publicly owned companies in Japan from a wide array of industry sectors.
It is a price-weighted index.

Osaka Exchange, Inc. 株式会社大阪取引所
Renamed from Osaka Securities Exchange Co., Ltd. (OSE : 株式会社大阪証券取引所).
Its parent is Japan Exchange Group, Inc.
Located in Osaka, Japan.
Founded on April 1, 1949.
The second largest securities exchange in Japan.
OSE is the leading Derivatives Exchange in Japan, handling 59% of the stock price index futures market and almost 100% of trading in the options market.
In 1988, Nikkei 225 Futures was introduced at the OSE.
In July 2006, Nikkei 225 mini Futures was introduced, which is one tenth of the size of the original Nikkei 225 Futures contract.
In September 2007, established evening session for Stock Index Futures and Options, trading hours from 16:30 to 19:00 (JST. 7:30-10:00 in UTC).
In July 2012, a planned merger with the Tokyo Stock Exchange was approved by the Japan Fair Trade Commission. Today, despite its name, trading for Osaka Stock Exchange takes place in Tokyo.