In order to increase convenience for investors, OSE has decided to improve a function of strategy trading(*1), such as allowing order placement before the opening of the trading session. OSE will revise the related rules and regulations as follows:
- Summary of Rule Revisions
- Orders for strategy trading can be placed during the opening auction in addition to during the regular session.(*2)
- The tick size in strategy trading for Nikkei 225 Futures (Large Contracts) will be reduced from 5 yen to 1 yen.
- Effective Date
The revised rules will be enforced on November 26, 2012.
- (*1) Strategy trading may simultaneously execute a combination of sale or purchase of multiple transactions. Calendar Spread Trading of index futures is available as strategy trading at this time.
- (*2) Orders can be placed from 8:00 a.m. in the day session (or 4:15 p.m. in the night session) and itayose will be conducted at 9:00 a.m. (or 4:30 p.m.).
