OSE will introduce the serial contract months(*1) for Nikkei 225 mini from the launch date of the new derivatives trading system (J-GATE), scheduled on February 14, 2011. The contract months and calendar spread trading(*2) available from the launch date will be as follows.
-
Contract month
Contract month Last trading day April 2011 April 7, 2011 May 2011 May 12, 2011 July 2011 July 7, 2011 -
Calendar spread trading
Calendar spread trading Last trading day Nearest contract month Other contract month March 2011 April 2011 March 10, 2011 March 2011 May 2011 March 10, 2011 March 2011 July 2011 March 10, 2011
- (*1) The serial contract months are the contract months other than March quarterly cycle (March, June, September, and December). After the launch of J-GATE, 5 contract months can be traded for Nikkei 225 mini: the nearest 2 contract months of the March quarterly cycle and the nearest 3 serial contract months.
- (*2) The calendar spread trading is a strategy trade for stock index futures equivalent to the current Inter-month Spread Trading.
- (*3) The March 2011 contracts (last trading day: March 10, 2011) and the June 2011 contracts (last trading day: June 9, 2011), which are the existing contract months, and the calendar spread trading between these contract months will be available continuously after the launch of J-GATE.
