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Settlement Prices for TSE Mothers Index Futures on March 31, 2017

2017/02/14

On April 3, 2017, OSE will change the Tick Size from 0.5 point to 1point for TSE Mothers Index Futures.  Associated with this change, we hereby notify you that for TSE Mothers Index Futures, the settlement prices on March 31, 2017 shall be the theoretical price rounded off to the integral multiple of 1 point (*) on the day, by applying the proviso of Article 20-8 of Handling of Business Rules.

 

(*) With regard to settlement prices for TSE Mothers Index Futures, “Method of Determining Settlement Prices of Options and Futures” provides that the theoretical price calculated using the formulas prescribed by JSCC shall be set as the settlement price every business day (fractions less than the increment of a quote shall be rounded off to the nearest quote, or rounded up if there are two nearest quotes)