TOPIX Options
ToSTNeT Trading
Update : Nov. 19, 2011
Outline : ToSTNet Trading for TOPIX Options
| Contracts | Same as Auction trading |
| Trading Hours | 8:20 - 16:00 / 16:20 - 23:30 |
| Minimum Tick Size | 0.1 point |
| Price Range |
ToSTNeT trading base price* ±5% of the last value of TOPIX * "ToSTNeT trading base price" is the Theoretical Price calculated from the most liquid month futures' latest execution price in auction trading (special quotation is included). |
| Minimum Trading Unit | 1 Trading Unit |
| Circuit Brake | When Circuit Brake is executed for the underlying futures contract. |
| Open Interest / Settlement | Open interest generated by ToSTNeT transactions will be consolidated with that of the auction market. Thus, margin and mark-to-market requirements and notification of resale/repurchase for open interest for ToSTNeT transactions are also consolidated with those of the auction market. |