Date of Listing
May 8, 2017
Type of Trade
Cash-settled Futures Transaction
Regular gasoline to be delivered by lorry in Tokyo Bay area
Computerized Individual Auction
Final Execution Price of Individual Auction
Final Settlement Price
BasMonthly average of daily prices of regular gasoline delivered at refineries having overland shipment facilities located in Yokohama City and Kawasaki City.
7 Contract months within a seven (7)-month period starting from the month containing the First Trading Day of a new contract month.
Last Trading Day
Day session on the last business day of the current contract month
First Trading Day of a New Contract Month
Day session on the next business day of the Last Trading Day of the current contract month.
Final Settlement Day
A business day following the Last Trading Day of the current contract month.
Opening Call Auction (Ita-awase) : 8:45 a.m. (JST)
Continuous Trading (Zaraba) : 8:45 a.m. to 3:10 p.m. (JST)
Closing Call Auction (Ita-awase) : 3:15 p.m. (JST)
Opening Call Auction (Ita-awase) : 4:30 p.m. (JST)
Continuous Trading (Zaraba) : 4:30 p.m. to 5:25 a.m. of the following morning (JST)
Closing Call Auction (Ita-awase) : 5:30 a.m. of the following morning (JST)
10 kl (approximately 2,642 US gallons) / contract
JPY 10 per 1 kiloliter
Circuit Breaker Trigger Level (Static Circuit Breaker (SCB) Level)
The SCB trigger level is to be set everyday at the start of a new clearing period (i.e.the start of a night session) and is based on the settlement price of the previous clearing period (or the settlement price of the preceding contract month, in case of a new contract month)
Immediately Executable Price Range (Dynamic Circuit Breaker (DCB) Level)
The DCB trigger level is to be set based on DCB Reference Price (the last traded price,in principle)
Please see the website of Japan Securities Clearing Corporation (JSCC) for more details.
Customer Position Limits
Position limits are not applicable; however, if it is deemed necessary by the Exchange, a limit on positions will be established.
TOCOM Product Code: 44
Reuters Contract Detail:
· Trading has been suspended since the night session commencing August 31, 2020.