Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Stock Exchange: Tdex+ Incentive Program

Date 22/07/2009

Tokyo Stock Exchange, Inc. (TSE) has decided to implement a Tdex+ incentive program in conjunction with launching Tdex+, which is a new trading platform for TSE options contracts based on the LIFFE.CONNECT(R).

 

Program Target Products Period Incentives
1. Trading Fees of Options contracts waived. Single stock Options
Index options
Options on JGB futures
From October 1, 2009
to December 30, 2009
Free of charge (Clearing fee will be charged.)
2. A financial incentive for big trading participants. Single stock Options
Index options
In 2010 and 2011 In 2010: 30 % of total trading fee for each product will be distributed to top 10 trading participants depending on their trading volume.
In 2011: 15 % of total trading fee for each product will be distributed to top 10 trading participants depending on their trading volume.
3. Trading Fees for "mini" products contracts waived. Mini TOPIX futures
TOPIX Core30 Index futures TSE REIT Index futures
Mini JGB futures
From October 1, 2009
to March 31, 2010
Free of charge (Clearing fee will be charged.)
4. Trading Fees for TOPIX futures discounted. TOPIX futures From November 2, 2009 to January 29, 2010 30 JPY discount per contract (70 JPY based on a new fee schedule will be 40 JPY during the period.)

 

TSE will introduce new trading fee schedule in November 2009. For details, please refer to following website.
Trading fees for Futures and Options