Trading fees for TSE futures and options is as follows.
Trading fees schedule for TSE futures and options
|
Products
|
Exchange trading fees
|
(reference)Clearing fees
of JSCC
|
||
| JGB Futures | Trade | 100yen (per contract) |
Regular Trade | 50yen (per contract) |
| Trade by Exercise of Options on JGB Futures | 87.5yen (per contract) |
Trade by Exercise of Options on JGB Futures | ||
| Physical delivery | 15yen (per contract) | Physical delivery | 135yen (per contract) | |
|
Options on JGB Futures |
Regular Trade | Trading value x 0.000075 | Regular Trade | Trading value x 0.00005 |
| Exercise | 12.5yen x Trading volume of JGB Futures by exercise | |||
| Stock Index Futures * | Regular Trade | Trading value x 0.0000046 | Regular Trade | Trading value x 0.0000014 |
| SQ Settlement | Trading value for final settlement x 0.000004 | |||
| Stock Index Options ** | Regular Trade | Trading value x 0.00015 | Regular Trade | Trading value x 0.00005 |
| Exercise | Trading value by exercise x 0.0002 | |||
| Equity Options | Regular Trade | Trading value x 0.0001 | Regular Trade | Trading value x 0.00005 |
| Exercise *** | Trading value of cash trading by exercise x 0.0000015 | |||
** No exchange trading fee for S&P/TOPIX150 options is required.
*** Clearing fees for cash trading (trading value of cash trading by exercise x 0.000006) will be required additionally.
(Note) Trading value of Stock Index Futures: execution price x
trading volume x multiplier (10,000yen)
Trading value of Stock Index Options: execution price (i.e. premium)
x trading volume x multiplier (10,000yen)
Trading value of Equity Options: execution price (i.e. premium)
x trading volume x the minimum trading unit of the underlying stock
(Caution)TSE rounds up clearing fees schedule based on Clearing fees rule of JSCC. (As of Apr. 2006)
