Tokyo Stock Exchange, Inc. (TSE) has decided to implement a Tdex+ incentive program in conjunction with launching Tdex+, which is a new trading platform for TSE options contracts based on the LIFFE.CONNECT(R).
Program | Target Products | Period | Incentives |
---|---|---|---|
1. Trading Fees of Options contracts waived. | Single stock Options Index options Options on JGB futures |
From October 1, 2009 to December 30, 2009 |
Free of charge (Clearing fee will be charged.) |
2. A financial incentive for big trading participants. | Single stock
Options Index options |
In 2010 and 2011 | In 2010: 30 %
of total trading fee for each product will be distributed to top 10
trading participants depending on their trading volume. In 2011: 15 % of total trading fee for each product will be distributed to top 10 trading participants depending on their trading volume. |
3. Trading Fees for "mini" products contracts waived. | Mini TOPIX futures TOPIX Core30 Index futures TSE REIT Index futures Mini JGB futures |
From October 1, 2009 to March 31, 2010 |
Free of charge (Clearing fee will be charged.) |
4. Trading Fees for TOPIX futures discounted. | TOPIX futures | From November 2, 2009 to January 29, 2010 | 30 JPY discount per contract (70 JPY based on a new fee schedule will be 40 JPY during the period.) |
TSE will introduce new trading fee schedule in November
2009. For details, please refer to following website.
Trading
fees for Futures and Options