Please be reminded that effective December 25, 2012, the Tokyo Commodity Exchange, Inc, will make amendments to the final settlement price fixing and last trading day hours for the Gold-mini and Platinum-mini futures contracts.
The final settlement price fixing of the Gold-mini and Platinum-mini will be based on the opening price of the day session on the last trading day of the standard contract of the respective commodity. This will replace settlement fixing that is based on the delivery price of the standard contract (i.e. settlement price on the final settlement day. Trading hours will terminate at 4:00 a.m. JST on the last trading day. These amendments will begin on December 25, 2012 with the commencement of trading of the December 2013 contract.
[Summary: Gold Mini / Platinum Mini Contract Specification Amendment]
[Outgoing Settlement Fixing]
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[Upcoming Fixing Method]
(From December 25, 2012) |
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Final Settlement Price | Delivery price of standard contract (=Final settlement price on the last trading day) |
Opening price at the day session of the last trading day of the standard contract |
Trading Hours on the Last Trading Day* | Night session: From 17:00 on the penultimate day to 4:00 on the last trading day Day session: From 9:00 to 15:30) |
Night session only: From 17:00 on the penultimate day to 4:00 on the last trading day |
* Trading hours are in Japan Standard Time.