Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Osaka Exchange: Price Limits For DJIA Futures And CNX Nifty Futures From July 4, 2014

Date 01/07/2014

The present setting of price limits is as below:

Price limits

Index Futures and Options (for the following products)

The price limit range from the trade date ending on June 2, 2014 to the end of the day session on August 29, 2014.

  Normal 1st Expansion 2nd Expansion

Nikkei 225 Futures,
Nikkei 225 mini

1,140 yen 1,710 yen 2,280 yen
TOPIX Futures, mini-TOPIX Futures 93.0 points 139.5 points 186.5 points
TOPIX Core30 Futures 48.5 points 72.5 points 97.0 points
TOPIX Banks Index Futures 13.1 points 19.6 points 26.2 points
TSE REIT Index Futures 119.5 points 179.5 points 239.5 points
RN Prime Index Futures 70.0 points 105.0 points 140.0 points
Nikkei 225 Options 1,570 yen 1,990 yen 2,420 yen
TOPIX Options 128.0 points 163.0 points 198.0 points
  • (*) The price limits for each product above will be reviewed every 3 months. About one week prior to the review, we announce the new price limits (The next review is scheduled for the beginning of September 2014, to be announced late August.).

Nikkei 225 VI Futures

Normal Expansion
Nikkei 225 VI Futures 10points Normally,expanded by 5 points.
(unlimited number of times)
  • (*) Normally, the upper or lower price limit range for Nikkei 225 VI Futures will be expanded by 5 points whenever the Circuit Breaker is triggered (no limitation on how many times the price limit range will be expanded).

DJIA Futures, CNX Nifty Futures

The price limit range from the trade date ending on April 4, 2014.

Normal 1st Expansion 2nd Expansion
DJIA Futures 1,152 points 2,139 points 3,291 points
CNX Nifty Futures 670 points 1,000 points 1,340 points

The price limit range from the trade date ending on July 4, 2014.

Normal 1st Expansion 2nd Expansion
DJIA Futures 1,177 points 2,187 points 3,365 points
CNX Nifty Futures 760 points 1,140 points 1,520 points
  • (*) The price limits for DJIA Futures and CNX Nifty Futures will be reviewed every 3 months. The next review is scheduled for October 6, 2014 and we will announce the details on October 1, 2014.

Dividend Index Futures

Normal Expansion
Nikkei Stock Average Dividend Point Index 50 yen Normally,expanded by 25 yen.
(unlimited number of times)
TOPIX Dividend Index 5 points Normally,expanded by 2.5 points.
(unlimited number of times)
TOPIX Core30 Dividend Index 5 points Normally,expanded by 2.5 points.
(unlimited number of times)
  • (*) Normally, the upper or lower price limit range for Nikkei Stock Average Dividend Point Index will be expanded by 25 yen whenever the Circuit Breaker is triggered (no limitation on how many times the price limit range will be expanded)
  • (*) Normally, the upper or lower price limit range for TOPIX Dividend Index and TOPIX Core30 Dividend Index will be expanded by 2.5 points whenever the Circuit Breaker is triggered
    (no limitation on how many times the price limit range will be expanded)

JGB Futures and Options

Normal Expansion
5-year JGB Futures 2.00 yen 3.00 yen
10-year JGB Futures 2.00 yen 3.00 yen
20-year JGB Futures 6.00 yen 9.00 yen
mini 10-year JGB Futures 2.00 yen 3.00 yen
Options on JGB Futures 2.10 yen 3.00 yen
  • (*) The price limits for JGB Futures and Options will be from the reference price witihin the normal price limits as listed above.When the price limit (up or down) is expanded due to circuit breaker trigger, the limit shall be expanded once to the expansion limits as listed above.