1 - The delivery day for the TFX contract is the next business day following the Last Trading Day. The TFX Last Trading Day is the second business day immediately preceding the third Wednesday of the delivery month.
2 - Euronext.liffe will trade the Euroyen contract from 16:00 (Tokyo time). During British Summer Time, the Euronext.liffe Euroyen contract will start trading at 08:00 but will continue to close at 16:00.

Trading Platform:

• LIFFE CONNECT® Trading Host for Futures and Options
• Algorithm: Central order book applies a pro-rata algorithm, but with priority given to the first order at the best price subject to a minimum order volume and limited to a maximum volume cap.
• Wholesale Services: Asset Allocation, Block Trading, Basis Trading

TFX's Final Settlement Price:

Subject to TFX Rules, TFX will calculate their Final Settlement Price using the Zenginkyo TIBOR for three month Yen deposits at 11.00 (Tokyo time) on the TFX Last Trading Day. The settlement price will be 100.00 minus the Zenginkyo TIBOR rounded to three decimal places (if the fourth decimal is a 5 then the rate is rounded up e.g. a Z-TIBOR rate of 0.8115 becomes 0.812).

Contract Standard:

Under normal circumstances, the Euronext.liffe contract will be transferred to TFX, and the resultant TFX contract will be cash settled at TFX’s Final Settlement Price. In exceptional circumstances, where the position has been retained in London, TFX’s Final Settlement Price will be used. If it is not available, the Euronext.liffe contract will be cash settled at Euronext.liffe’s Exchange Delivery Settlement Price.

Clearing:

LCH.Clearnet.

Unless otherwise indicated, all times are London times.