SRMEX Lists Two Japan INDEX Futures Contracts
One contract is based on the Japan Price Return Index, which takes into account only the price performance of constituent commodity in local currency (Japanese Yen) while the other is based on the Japan Total Return Index, which takes into account both the price performance and the dividend payments and is calculated in US Dollar terms. The new contract will be launched later this month and are being cleared by the SRMEX Commodities Clearing Corporation.
Mikuni Watanabe, Interim CEO, SRMEX, said: “The contracts are part of a planned expansion of our Emerging Market product offering, and are specifically designed to cater to the investment requirements of regional and international participants seeking exposure to one of the world’s largest Markets, Japan. The SRMEX Japan commodity index futures trade alongside SRMEX’s flagship contracts and provide international investors with the tools to replicate their macro Japan trading mandates.”
“We are amidst an intense regulatory shift towards cleared derivative contracts that aim to minimize the systemic risk of OTC traded derivatives. The cleared SRMEX Japan Commodity Index futures will provide global investors with an alternative to the highly popular Japan Swaps traded on the OTC market.” Watanabe added.
About Sapporo Mercantile Exchange - SRMEX
SRMEX’s main activity is to operate commodity markets necessary for dealing in futures of the commodities listed (precious metals, rubber, aluminum, energy products, agricultural products & sugar, currencies). SRMEX aims to ensure a transparent and liquid market for commodities trading for use either in Japan or abroad. As the key institution of the domestic financial market, the exchange provides various economic entities with an opportunity to trade in an open market and offers investors effective investment opportunities. The exchange actively participates in promoting the continuous improvement of the financial culture of domestic companies and investors.
Sapporo Center Building, 6-2-2 Kita-Gojo-Nishi, Chuo-ku, Sapporo, Japan
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release SRMEX Lists Two Japan INDEX Futures Contracts here
News-ID: 360968 • Views: 309
More Releases for Japan
Global Car Navigation ECU Market Outlook to 2023 – AW Software (Japan), Contin …
An automotive navigation system is part of the automobile controls or a third party add-on used to find direction in an automobile and the ECU is the core part control it. Car Navigation typically uses a satellite navigation device to get its position data which is then correlated to a position on a road. According to this study, over the next five years the Car Navigation ECU market will register a
Polyphenylene Sulfide (PPS) Global Market 2018 Top Key Players – Celanese (USA …
Global Polyphenylene Sulfide (PPS) Market WiseGuyRerports.com Presents “Global Polyphenylene Sulfide (PPS) Market Outlook 2016-2021” New Document to its Studies Database. The Report Contain 132 Pages With Detailed Analysis. Description Polyphenylene sulfide (PPS) is an organic polymer consisting of aromatic rings linked with sulfides. Synthetic fiber and textiles derived from this polymer are known to resist chemical and thermal attack. PPS is used to make filter fabric for coal boilers, papermaking felts, electrical insulation,
Agrochemicals Market in Japan
ReportsWorldwide has announced the addition of a new report title Japan: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Japan: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Consumer Electronics in Japan
Summary Consumer electronics saw annual retail volume decline throughout the review period. This was linked to consumers’ economic uncertainty, population decline and an ongoing shift towards smartphones as an all-in-one device. Smartphones are increasingly used to go online, communicate, play media, capture images and read e-books, with many consumers thus ceasing to buy a wide range of consumer electronics. 2016 however saw the softest retail volume decline of the review period,
Overseas Trade into Japan
Action Storage Systems is actively seeking distributors overseas in an attempt to grow the business in these difficult economic times. In October this year they have set up a new distributor in Japan for the sale of their eXtreme Plastic Lockers®. Koyo specialise in the sale and manufacture of locker systems from their base in Nagano and were established in 1961. Koyo sell throughout Japan and employ fifty sales
Japan Boosts Stimulus
The Bank of Japan has eased monetary policy by expanding asset purchases in a bid to boost growth, and left interest rates unchanged at between zero and 0.1%. The Bank of Japan has eased monetary policy by expanding asset purchases as the yen's strength and slow progress by European leaders in solving the region's debt crisis cloud the outlook for the country's fragile economy. The Bank of Japan (BOJ) has expanded