| Date Trading Began |
May 6, 1992 |
| Underlying Contact |
One TGE Raw Sugar futures contract |
| Trading Hours |
| <Morning Session> |
|
| Opening Session |
9:45 a.m. to 10:05 a.m. |
| Continuous Session |
10:05 a.m. to 11:30 a.m. |
 |
| <Afternoon Session> |
|
| Opening Session |
1:45 p.m. to 2:00 p.m. |
| Continuous Session |
2:00 p.m. to 3:45 p.m. |
| Closing Session |
3:45 p.m. to 3:55 p.m. |
|
| Contract Months |
January, March, May, July, September and November within a fourteen-month period |
| Price Quotation |
Yen per 1,000 kilograms |
| Minimum Fluctuation |
10 yen per 1,000 kilograms (500 yen per contract) |
| Strike Prices |
1,000 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 |
