TFX to launch new Overnight Interest Rate futures
Tokyo Financial Exchange has suspended trading in its Over-Night Call Rate Futures and Spot-Next Repo Rate Futures as it gears up to launch its amended Overnight Interest Rate Futures on June 28.
The new amended contracts will run for six consecutive calendar months, rather than the present twelve. The period for calculating the contracts’ final settlement price will also be switched from one calendar month to an interval between the Bank of Japan’s monetary policy meetings, to be designated by TFX. The designated period will be published about two weeks before the first trading day of each contract month.
New members on MeffMercado Español de Futuros...