OSE, TOCOM report successful start of derivatives holiday trading
Osaka Exchange (OSE) and Tokyo Commodity Exchange (TOCOM) announce that they started derivatives holiday trading on September 23, 2022 (Autumnal Equinox Day).
During the first holiday trading day, a total of 592,723 contracts (approximately 50% of trading volume on weekdays) were traded on OSE and TOCOM.
The exchanges say they will continue to implement various measures including promotion to proceed further participation in holiday market.
Thanks to derivatives holiday trading, derivative products such as Nikkei 225 Futures and Platts Dubai crude oil Futures can be traded on holidays.
The eligible products for holiday trading are Index Futures, Index Options, Commodity Futures and Options on Commodity Futures. JGB Futures, Options on JGB Futures and Securities Options are not eligible.
Auction trading and off-floor trading (J-NET trading) are available as on weekdays.
Order types are, in principle, the same as on weekdays. However, Good till Date/Good till Cancel orders (GTC/GTD) will expire between the end of holiday trading and the start of the day session on the business day following the holiday, regardless of whether the products are eligible for holiday trading.