TFEX

Japanese Rubber Futures

Japanese Rubber Futures Contract Specification

Heading Contract Specifications
Underlying AssetJapanese Natural Ribbed Smoke Sheet No. 3
Ticker SymbolJRF
Contract Size1 contract = 300 multiplier of the reference price
Contract Months6 nearest consecutive months
Price QuotationJPY per kilogram
Minimum Price FluctuationsJPY 0.10 per contract unit
Price LimitInitial price limit is +10% from the latest settlement price. Should traded price reach the limit, trading will be halted for a certain period announced by TFEX. After trading resumes, the price limit will be expanded to +20% of the latest settlement price.
Trading Hours
Pre-open Trading Hours
09:15 - 09:45 hrs.09:45 - 16:55 hrs.
Position LimitExchange may announce the position limit as it deems appropriate.
Last Trading DayThe fourth (4) business day preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 13:15 p.m.. In case the last trading day falls on a OSE's holiday, TFEX will annouce the new last trading day accordingly
Settlement TypeCash Settlement in THB
Final Settlement PriceSettlement Price of RSS3 Rubber Futures as announced by Osaka Exchange on the last trading day. There will be no foreign exchange rate adjustment.
Exchange FeeMaximum of THB 4 per contract per side
BTN-Exchange-fee
Data Licensing FeesExchange may announce the Data Licensing Fee as it deems appropriate (Waived)
Brokerage FeesFreely negotiable

Remark :
The above is a summary of the contract specification. Please refer to the Regulations and Procedures Chapter 600: Listing of Derivatives Contracts for the official contract specifications.


Disclaimer
The Final Settlement Price of Japanese Rubber Futures calculated by TFEX is based on Osaka Exchange’s settlement price of RSS3 Rubber Futures shall not be used for the purpose other than the settlement or informative purpose.