JPN SCC Settlement of Spot Futures


On Oct. 23, JPN SCC revised rules about settlement of spot futures.


  • JPN SCC revised the Handling of business rules on business of assuming commodity transaction debts, in accordance with a change in trading hours at Dojima Exchange.
  • Overview of Revisions
  • Modify the period referenced when determining the settlement price of spot futures and index futures trading to align with changed trading hours at Dojima Exchange.
  • Plus, deadline for submitting documents for delivery settlement of spot futures trading.
  • Effectiveness
  • The revised handling will be implemented from Nov. 5, 2024.

Regulators JPN SCC
Entity Types B/D; Depo; Exch
Reference RF 10/23/2024
Functions Financial; Operations; Settlement; Trading
Countries Japan
Category
State
Products Clearing; Commodities; Derivatives; Futures
Regions AP
Rule Type Final
Rule Date 10/23/2024
Effective Date 11/5/2024
Rule Id 230847
Linked to N/A
Reg. Last Update 10/23/2024
Report Section International

Last substantive update on 10/28/2024