| Date Trading Began |
September 16, 1997 |
| Underlying Contact |
One TGE Corn futures contract |
| Trading Hours |
| <Morning Session> |
|
| Opening Session |
9:00 a.m. to 9:20 a.m. |
| Continuous Session |
9:20 a.m. to 11:30 a.m. |
 |
| <Afternoon Session> |
|
| Opening Session |
1:00 p.m. to 1:15 p.m. |
| Continuous Session |
1:15 p.m. to 3:00 p.m. |
| Closing Session |
3:00 p.m. to 3:10 p.m. |
|
| Contract Months |
January, March, May, July, September and November within a twelve-month period |
| Price Quotation |
Yen per 1,000 kilograms |
| Minimum Fluctuation |
5 yen per 1,000 kilograms (500 yen per contract) |
| Strike Prices |
500 yen per 1,000 kilograms intervals with one strike price at-the-money and minimum of three strike prices above and three below. |
| Daily Price Limit |
Same as the underlying futures contract. |
| Position Limits |
None |
| Option Exercise |
The option buyer may exercise the option on any business day up to the last trading day giving an exercise notice to the Exchange by 4:10 p.m. (for customers) on such day. |
| Last Trading Day |
The last business day three months prior to the delivery month of the underlying futures contract. |
| Expiration Date |
Unexercised options expire at 4:10 p.m. on the expiration day. |
| Automatic Exercise |
None |
