JPK50_BBJ (IDR) and JPK5U_BBJ (USD) is a rolling contract code periodically foreign indexes (index of the Japanese stock derivatives) listed and listed on the Jakarta Futures Exchange. JPK50_BBJ trading price / JPK5U_BBJ derivative reference to the Nikkei 225 stock index traded on the Singapore Exchange (SGX).
Scroll Periodic Table Contract Specification Japan Stock Index (JPK50_BBJ & JPK5U_BBJ) | ||
Items | Remarks | |
Trade Code
|
JPK50_BBJ
|
JPK5U_BBJ
|
Rate
|
Fixed (USD 1 = IDR 10,000)
|
Floating (USD)
|
Trade Size
|
IDR 50,000 / point
|
USD 5 / point
|
Trading Hours * | Monday - Friday | Monday - Friday |
Session I : 06:30 – 13:55 WIB
|
Session I : 06:30 – 13:55 WIB
|
|
|
Session II : 14:10 – 03:45 WIB
|
Session II : 14:10 – 03:45 WIB
|
.
|
||
Margin for Day Trade
|
IDR 10,000,000 / lot
|
USD 1,000 / lot
|
Margin for Overnight
|
IDR 20,000,000 / lot
|
USD 2,000 / lot
|
Facility Fee
|
IDR 150,000 / lot / side
|
USD 15 / lot / side
|
Rollover Fee for Buy / Sell
|
IDR 20,000 / lot / night
|
USD 2 / lot / night
|
Value Added Tax*
|
11% from Commission
|
11% from Commission
|
Maintenance Margin
|
70% of Margin Required
|
70% of Margin Required
|
Auto Liquidation
|
30% of Margin Required
|
30% of Margin Required
|
.
|
||
Price Source
|
Winquote / Telequote
|
Winquote / Telequote
|
Price Guidance
|
Last Trade
|
Last Trade
|
Minimum Price Spread Quote
|
10 Points/side
|
10 Points/side
|
Hectic Price Spread Quote
|
Based on market
|
Based on market
|
Minimum Price Movement
|
5 Points
|
5 Points
|
Range For Limit & Stop Order
|
20 – 500 Points
|
20 – 500 Points
|
Hectic Range Price For Limit & Stop Order
|
Base On Market
|
Base On Market
|
Delivery By
|
Cash Settlement
|
Cash Settlement
|
. |
Notes :
* JPK transaction was extended until 03:45 pm (early morning)
** Effective on July, 26, 2016
*** Changes in VAT fees to 11% (Effective as of April 01st, 2022)