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Osaka Securities Exchange: Reference Price Of Price Limits On The Auction Market For Nikkei 225 VI Futures

Date 24/02/2012

With the upcoming launch of Nikkei 225 VI Futures on Monday, February 27, 2012, OSE announces the reference price of price limits for orders of Nikkei 225 VI Futures, as follows.

Contract monthReference Price9 digit code(*)
March 2012 22.05 pts 167030015
April 2012 21.80 pts 167040015
May 2012 21.80 pts 167050015
June 2012 21.80 pts 167060015
July 2012 21.80 pts 167070015
August 2012 21.80 pts 167080015
September 2012 21.80 pts 167090015
October 2012 21.80 pts 167100015

After the first trading day, as a general rule, the reference price will be set at the value of the previous day's settlement price as for each contract month. However, for new contract months, their reference prices on the day they start trading shall be the previous day's settlement price of an earlier contract month which last trading day is closest to the new contract month.

  • (*) The "9 digit code" is a code determined in accordance with the rules prescribed by the Securities Identification Code Committee and described above for reference purposes. Please note that the codes used in J-GATE are not these 9 digit codes but the codes prescribed by OSE. Please also note that there is no 9 digit code assigned in accordance with the rules prescribed by the Securities Identification Code Committee in strategy trading (there is only the code prescribed by OSE).