Facebook integration
Select Page

Micro Japanese Yen Futures Contract

The Micro futures contract is 1/10 the size of the Japanese Yen futures contract. The yen is the third-most commonly traded foreign currency. Because the Japanese economy is one of the largest in the world, and Tokyo is an important financial center, the relative dominance of the Japanese currency is appropriate. The combination of a vibrant trade-based economy paired with Bank of Japan-depressed interest rates gives the yen unique properties sought by traders.

Contract Unit

1,250,000 Japanese Yen

Futures Contract
Symbol

 

CME Globex: MJY

Trading Hours 

CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).

Minimum Price
Fluctuation

0.000001 per JPY tick = $1.25

Contract Months

Quarterly: March, June, September & December

Settlement Method

Deliverable

Price Limit / Circuit

Source: CME Group

The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.

Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.

Take the next step and open your futures trading account today…

Share This