Index Conditions and Trading Conditions

 Futures Index
Japan
Hong Kong Index Futures
Futures Index
Korea
Rolling Spot
Nikkei
Rolling Spot
Hangseng
Contract Code
JPJ30
HKJ50
KRJ35
JPK50
HKK50
Initial Margin
Rp 250,000,000.-
Rp 250,000,000,-
Rp 250,000,000,-
Rp 250,000,000.-
Rp 250,000,000.-
Necessary Margin Per Lot
Rp 15,000,000.-
Rp 15,000,000,-
Rp 15,000,000,-
Rp. 15.000.000,-
Rp. 15.000.000,-
Overnight Margin
Per Lot
Rp 15,000,000.-
Rp 15,000,000,-
Rp 15,000,000,-
Rp. 15.000.000,-
Rp. 25.000.000,-
Hedge
Rp 1,000,000.-
Rp 1,000,000.-
Rp 1,000,000.-
Rp. 1.000.000,-
Rp. 1.000.000,-
Value Per Point
Rp 30,000.-
Rp 50,000,-
Rp 35,000,-
Rp 50,000,-
Rp 50,000,-
Commission
Per Lot
Rp 300,000.-
Rp 300,000,-
Rp 350,000,-
Rp 300,000,-
Rp 300,000,-
Rollover Fee
~
~
~
Rp 30,000,- per Lot
per side
Rp 30,000,- per Lot
per side
Dealing Spread
5 Points
5 Points
5 Points
5 Points
5 Points
Maximum Order Execution
20 Lots
20 Lots
20 Lots
20 Lots
20 Lots
Minimum Tick (Price) Movement
5 Points (Rp 150,000.-)
1 Points (Rp 50,000.-)
5 Points (Rp 175,000.-)
1 Points (Rp 50,000.-)
1 Points (Rp 50,000.-)
Limit (Stop) Placement Order
Min 30 Points from
the last Price
Min 30 Points from
the last Price
Min 30 Points from
the last Price
Min 30 Points from
the last Price
Min 30 Points from
the last Price
Trading Limit
Up/Down 22% (Temporary be
suspended)
No Limit
Up/Down 10% (Temporary be
suspended)
Up/Down 22% (Temporary be suspended)
No Limit
Open Gap 
will be cut position at
+300/-300 point from the last
closing price
  
will be cut position
at +300/-300 point from the last
closing price
Contract Months
Every 3 Months
Every Months
Every 3 Months
  
Adjustment    
Buy Position : ( Old Contract – New Contract )
x Contract Size
Sell Position : ( New Contract – Old Contract )
x Contract Size
Trading Months
H= March
M= June
U= September
Z= December
 
H= March
M= June
U= September
Z= December
  

Date of Substitution

Contract
3 trading days before Friday the second week of the month

Date of Substitution
Contract
2 working days before
last work day of the month
concerned
First Trading Day
First week of every
Thursday on the last month
of the contract
Every dated 25th on the month
of previous contract
First week of every
Thursday on the last month
of the contract
  
 
Last Trading Day
Second week of every Thursday on the last month
of the contract
Last second day of daily business of
the contract month
second week of every Thursday on the last month
of the contract
  
Trading Hours(WIB)
1st session : 06:45 –
13:25
2nd session : 14:15 –
01.00
1st session : 08:15 –
11:00
2nd session : 12:30 –
15:15
07:00 – 13:05 settlement Price at
13:15
1st session : 06:45 –
13:25
2nd session : 14:15 –
01.00
1st session : 08:15 – 11:00
2nd session : 12:30 – 15:15
Note: Stop Order is for Liquidation
Margin Call Level: When Equity Divided by Necessary Margin is 70% on Below
Cut Loss Level: When Equity Divided by Necessary Margin is 30% on below