Contract Specifications
Trading Unit
Japanese Yen Futures: 12,500,000 Japanese yen physically delivered
Japanese Yen Options: One Japanese yen Futures Contract
Trading Hours
Futures: Floor/7:20a.m.-2:00p.m. LTD (9:16a.m.) GLBX2 Mon/Thurs 4:30p.m.-4:00p.m. Sun & Hol 5:30p.m. - 4:00p.m.
Options: Floor/7:20a.m.-2:00a.m. LTD (2:00p.m.) GLBX2 Mon-Thurs 2:30p.m.-7:05a.m. Sun & Hol 5:30p.m.-7:05a.m.
Trading Months
Futures: Six months in the March Quarterly cycle, Mar, Jun, Sep, Dec.
Options: Four months in the March cycle and two months not in the March cycle, plus four weekly expirations.
Point Description
Futures: 1 point = $.000001 per Japanese yen = $12.50 per contract
Options: 1 point = $.000001 per Japanese yen = $12.50 per contract
Minimum Price Fluctuation
Futures: Regular/0.000001 = $12.50, Calendar Spread/0.0000005 = $6.25, All or none/0.0000005 = $6.25
Options: Regular/0.000001 = $12.50, Cab 0.0000005 = $6.25, Special "Half Tick" 0.0000005 = $6.25 for premium < 0.000005, spreads w/net premium < 0.000005, non-generic combo trades < 0.000010.
Options Strike Prices
Options: $0.0001 per Japanese yen, e.g. $0.0072, $0.0071 plus $0.00005 intervals for the first 7 listed expirations, e.g. $0.00725, $0.00735.
Product Code
Futures: Clearing=J1, Ticker Calls=JY, GLOBEX2=6J, PRS=JY, AON=LJ, (100 Threshold) Options: Clearing Calls/Puts=J1, Ticker Calls=CJ, Ticker Puts=PJ PRS Calls/Puts=OJ, Weekly expiration Options: Calls=1JC/5JC, Puts=1JP/5JP, AON=LJ, (100 Threshold)
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