Wednesday June 24 2015

News Source: Global Exchanges

Focus: Trading Systems and Technology

Type: General

Country: Japan

Link:




Japan Exchange Group (JPX) has announced trading rule revisions and new products that will be introduced with the launch of the Next Generation Derivatives Trading System (Next J-GATE) scheduled for the middle of 2016.

JPX are considering the introduction of new products, trading rules and functionalities as well as revising some existing rules in order to promote market liquidity.

Key changes include:

  • The launch of Tokyo Stock Exchange Mothers Index futures and JPX-Nikkei Index 400 options.
  • Extension of the Night Session by moving closing time from 3:00 am to 5:30 am
  • Day Session time for index futures to move from 9:00 am to 8:45 am.
  • Introduction time periods during which no order amendment/cancellation will be accepted (Non-Cancel Period: NCP) for some products.
  • Provide pre-trade risk management tools which are similar to those commonly available at major overseas exchanges.

Click on the link above for further details.