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.