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Tokyo Grain Exchange Revises Trading Hours - Launch for Soybean Meal Futures Approved

Date 15/10/2002

The amendments to the Articles of Association pertaining to the launch of soybean meal futures which the Exchange submitted to the Ministry of Agriculture, Forestry and Fisheries on May 30, 2001 was approved on October 5, 2001. On October 11, 2001 trading commenced.

TGE Revised Trading Hours

Effective from October 11, 2001
The Tokyo Grain Exchange has revised its trading hours for futures contracts from October 11, 2001 as follows:

  1. A new futures product, the Soybean Meal futures contract will be launched.

  2. The trading sessions for the Azuki futures contract shall be reduced from six sessions to four.

  3. The sequence for which Non-GMO Soybean and U.S. Soybean futures are traded will be changed.

TGE TRADING HOURS
Futures (revisions are in italics)
Session Time Contracts Traded
Morning
1st session 09:00 Corn Soybean Meal Azuki
09:30 Arabica Coffee Robusta Coffee Raw Sugar
2nd session 10:00 Corn ¡¡U.S. Soybeans Non-GMO Soybeans Azuki
10:30 Arabica Coffee Robusta Coffee Raw Sugar
3nd session 11:00 Corn Soybean Meal U.S. Soybeans Non-GMO Soybeans
Afternoon
1st session 13:00 Corn Soybean Meal U.S. Soybeans Non-GMO Soybeans
13:30 Arabica Coffee Robusta Coffee Raw Sugar
2nd session 14:00 Corn U.S. Soybeans Non-GMO Soybeans Azuki
14:30 Arabica Coffee Robusta Coffee Raw Sugar
3rd session 15:00 Corn Soybean Meal Azuki
15:30 Arabica Coffee Robusta Coffee Raw Sugar

Session Time Contracts Traded
Morning
1st session 9:05 Refined White Soft Sugar
1st session 10:05 Refined White Soft Sugar
Afternoon
1st session 12:55 Refined White Soft Sugar
1st session 13:55 Refined White Soft Sugar
1st session 14:55 Refined White Soft Sugar

Options
Session Corn Options Raw Sugar Options U.S. Soybean Options
Morning Session
Morning Opening 9:00 - 9:20 9:40 - 10:00 10:00 - 10:20
Morning Continuous 9:20 - 11:30 10:00 - 11:30 10:20 - 11:30
Afternoon Session
Afternoon Opening 13:00 - 13:15 13:30- 13:45 13:00 - 13:15
Afternoon Continuous 13:15 - 15:00 13:45 - 15:40 13:15 - 14:30
Closing 15:00 - 15:10 15:40 - 15:50 14:30 - 14:40

The closing sessions for half-trading days shall be 11:20- 11:30.