London and Tokyo, 24 November 2009 – Tokyo Stock Exchange, Inc (TSE) and NYSE Liffe today announce that TOPIX Futures will be listed on the NYSE Liffe market from the summer of 2010.
The TOPIX index futures contract is the benchmark Japanese stock price index already traded on the TSE. Listing the contracts on NYSE Liffe will increase the number of customers who can trade the contract, and enable trading in the TOPIX Future while the Tokyo market is closed. Trading hours will be set from 6AM to 9PM GMT (and from 7AM to 9PM BST). Consequently, trading in TOPIX Futures will now be possible for up to 19.5 hours per day, compared to 7 hours at present.