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As Of Today, TOPIX Futures Are Listed On NYSE Liffe And Position Transfer Scheme Between TSE Starts

Date 18/10/2010

Today, TOPIX index futures contract became listed on the NYSE Liffe market.
Furthermore, a Position Transfer Arrangement between NYSE Liffe and TSE for TOPIX Futures has been established.
All positions which traded on NYSE Liffe will be transferred to the TSE market every trading day.

The Tokyo Stock Exchange's TOPIX Futures are already actively traded by investors worldwide, who use the instrument as a way to invest in Japan's largest stocks.
The benefits of the Position Transfer Arrangement between NYSE Liffe and TSE for TOPIX Futures are;

1. Trading around the clock (about 21 hours)
2. Arbitrage opportunities
3. Simpler position management

For more detailed information, please click following link.