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Contract Specifications

Exchanges

Osaka Exchange

Product Name/Code	Category	Specifications	Minimum Price Fluctuation	Daily Price Limit
$ OSAKA Nikkei Stock Average (JNI)	Futures	Index*1000 yen	10 points = 10,000 yen	futures 8%,12%,16% option 1~50 points 4% 50~200 points 6% 200~500 points 8% 500 points or more 11% Add 3% for each expansion The exchange publishes quarterly
Trading Months: 3,6,9,12 Local Trading Hours: 07:45~14:45 Cancellation is not allowed 1 minute before the opening T+1 electronic disk 16:00 ~ 05:00 Cancellation is not allowed 1 minute before opening and closing T and T+1 last five minutes call auction
$ OSAKA Nikkei Stock Average (JNM)	Futures	Index*100 yen	5 points = 500 yen	futures 8%,12%,16% option 1~50 points 4% 50~200 points 6% 200~500 points 8% 500 points or more 11% Add 3% for each expansion The exchange publishes quarterly
Trading Months: 3,6,9,12 Local Trading Hours: 07:45~14:45 Cancellation is not allowed 1 minute before the opening T+1 electronic disk 16:00 ~ 05:00 Cancellation is not allowed 1 minute before opening and closing T and T+1 last five minutes call auction
$ Nikkei 225 micro Futures (JNU)	Futures	Index*10 yen	5 points = 50 yen	futures 8%,12%,16% option 1~50 points 4% 50~200 points 6% 200~500 points 8% 500 points or more 11% Add 3% for each expansion The exchange publishes quarterly
Trading Months: 3,6,9,12 Local Trading Hours: 07:45~14:45 Cancellation is not allowed 1 minute before the opening T+1 electronic disk 16:00 ~ 05:00 Cancellation is not allowed 1 minute before opening and closing T and T+1 last five minutes call auction
$ TOPIX Futures (JTI)	Futures	Index*10,000 yen	0.5 points =5,000 yen	futures 8%,12%,16% option 1~50 points 4% 50~200 points 6% 200~500 points 8% 500 points or more 11% Add 3% for each expansion The exchange publishes quarterly
Trading Months: 3,6,9,12 Local Trading Hours: 07:45~14:45 Cancellation is not allowed 1 minute before the opening T+1 electronic disk 16:00 ~ 05:00 Cancellation is not allowed 1 minute before opening and closing T and T+1 last five minutes call auction
$ mini TOPIX Futures (JMT)	Futures	Index*1000 yen	0.25 points =250 yen	futures 8%,12%,16% option 1~50 points 4% 50~200 points 6% 200~500 points 8% 500 points or more 11% Add 3% for each expansion The exchange publishes quarterly
Trading Months: 3,6,9,12 Local Trading Hours: 07:45~14:45 Cancellation is not allowed 1 minute before the opening T+1 electronic disk 16:00 ~ 05:00 Cancellation is not allowed 1 minute before opening and closing T and T+1 last five minutes call auction
$ JPX-Nikkei Index 400 Futures (JNK)	Futures	Index*100 yen	5 points = 500 yen	futures 8%,12%,16% option 1~50 points 4% 50~200 points 6% 200~500 points 8% 500 points or more 11% Add 3% for each expansion The exchange publishes quarterly
Trading Months: 3,6,9,12 Local Trading Hours: 07:45~14:45 Cancellation is not allowed 1 minute before the opening T+1 electronic disk 16:00 ~ 05:00 Cancellation is not allowed 1 minute before opening and closing T and T+1 last five minutes call auction
# 10Year Japanese Govt Bond (JGB)	Futures	100 million yen	0.01 yen =10,000 yen	2.00 ¥、3.00 ¥
Trading Months: 3,6,9,12 Local Trading Hours: 07:45~10:02, 11:30~14:02 Call auction in the last two minutes T+1 electronic disk 14:30~05:00 T+1 collective bidding in the last five minutes
# Gold (JAU)	Futures	1kg	1 yen/gram = 1,000 yen	5%，10%，15%
Trading Months: Six consecutive even-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00 ~ 05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
$ MINI GOLD (JAM)	Futures	100 grams	0.5 yen/gram =50 yen	5%，10%，15%
Trading Months: Six consecutive even-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00 ~ 05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
# SILIVER (Not open yet) (JSV)	Futures	10kg Contract starting from June 24 30kg	0.1 yen/1 gram =1000 yen Contract starting from June 24 =3000 yen	10%，20 %，30%
Trading Months: Six consecutive even-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00 ~ 05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
# Platinum (Not open yet) (JPL)	Futures	500 grams	1 yen/gram =500 yen	10%， 20%，30%
Trading Months: Six consecutive even-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00 ~ 05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
$ Mini Platinum (Not open yet) (JPM)	Futures	100 grams	0.5 yen/gram =50 yen	10%， 20%，30%
Trading Months: Six consecutive even-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00 ~ 05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
# Palladium (Not open yet) (JPA)	Futures	500 grams Contract starting from June 24 3kg	1 yen/gram =500 yen Contract starting from June 24 =3000 yen	10%，15%，20%
Trading Months: Six consecutive even-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 11/5: 16:00 ~ 05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
# Natural Rubber (JRU)	Futures	5,000kg	0.1 yen/kg =500 yen	10%
Trading Months: Continuous twelve months Main focus on the 5th and 6th months Local Trading Hours: 08:00-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00 ~ 18:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
# U.S Soybean (JAS)	Futures	25 metric tons	10 yen/metric ton =250 yen	10%
Trading Months: Six consecutive even-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00-05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
# Corn (JCR)	Futures	50 metric tons	10 yen/metric ton =500 yen	8%
Trading Months: Six consecutive odd-numbered months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00-05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction
# RED BEANS (JRB)	Futures	2400kg =80 bags	10 yen/30kg =800 yen	8%
Trading Months: Continuous six months Local Trading Hours: 07:45-14:45 Cancellations not allowed during the last minute before opening T+1 electronic trading 16:00-05:00 Cancellations not allowed during the last minute before opening and closing Final five minutes of T and T+1: Call auction

For the trading months of options, please refer to the list of Last Trading Day. All of the above are in daylight saving time. For most of U.S., European, and Australian products, trading hours will be delayed by one hour during winter time.
According to the account opening and entrustment contract with our company, physical delivery of foreign futures contracts may not be accepted. Traders are required to close out positions within the timeframe specified by the company. Otherwise, the company reserves the right to offset positions upon expiration.
If electronic closeout is unavailable after the first notice day, please contact the trading desk at +886-2-2755-1326.
For cash-settled products, cash settlement will be executed after the market close on the last trading day in accordance with exchange rules.

Notes:
*A # before the product name indicates a physically delivered futures contract or futures options, while a $ indicates a cash-settled futures contract or cash options.

* Acceptable order types: (Futures) 1. MKT (FaK) 、 2. Limit (FaS)。 (Options) Limit (FaS).
*Daily margin announcement link; OSE exchange rules link; download limit on trading quantities and reported trading amounts for bonds.
*Rubber (JRU) will change to continuous 12 months starting from September 21 (Tuesday), with the active contracts remaining as the 5th and 6th months. There will be no T+1 trading on September 17 (Friday).
*(Price Limits): When the main futures month hits the limit, trading of all months and options will be suspended for 10 minutes, after which it will expand to the next limit (rubber and agricultural products will not expand). However, if it's within 20 minutes of the market close or deemed inappropriate by the exchange, trading will not be suspended. [Price Limits / Circuit Breaker Rule link]
*DCB: Dynamic Circuit Breaker. When matching exceeds the reference price ± DCB, trading will be suspended for 30 seconds (15 seconds for options), after which the reference price will be adjusted before reopening. If matching would still exceed, it will again be suspended/adjusted until trades are within range. Exception: Not applicable at market opening, and if exceeded during collective auction, no trades will occur. (Starting September 21, this includes opening.) [Dynamic Circuit Breaker (DCB) link]
*Closing collective auction: Index classes T and T+1 in the last five minutes, bond classes T in the last two minutes, T+1 in the last five minutes; during collective auction, 'spread orders' are not accepted.
*Market orders are FaK (Fill and Kill), with possible execution quantities, but remaining quantities (unexecuted quantities) are automatically canceled.
*Limit orders are FaS (Fill and Store), with possible execution quantities, but remaining quantities (unexecuted quantities) can continue to execute within the valid period.
*Protection mechanism:
Immediately Executable Price Range Rule (Dynamic Circuit Breaker (DCB)). When encountering a situation where matching is about to exceed the DCB price level, the system will suspend trading for at least 30 seconds, after which matching will resume. Market orders and stop-loss market orders will be automatically canceled upon encountering a suspension due to the Fill and Kill (FaK) orders. However, market orders and stop-loss market orders during the suspension remain valid.
DCB: Index is ± 0.8%, JGB is ± 0.1 ¥.
*(Final Settlement Price): The stock price index is calculated using Special Quotation, which is based on the individual opening prices of each component stock on the second business day following the last trading day.
*Options: Margin is calculated based on the announced NK225 guarantee for each exercise price. Daily margin announcement link.
*Day trading orders executed after 30 minutes before the product's closing will be offset to above the original margin. Customers are advised not to place closing orders after 30 minutes before the closing; if customers execute closing actions after 30 minutes prior to closing, they are responsible for any repeated positions! No day trading orders are accepted on the last trading day for cash-settled products.
*Market quotation information for related listed products at JPX Exchange is provided by Nissan Securities.

For detailed information, please refer to the websites of each exchange. This information is for reference only, and any relevant details are subject to exchange announcements. Users are responsible for any losses incurred from trading based on this information.