Japanese Yen Futures Futures

If you follow the news, most of the talk about Asia generally refers to China. But for investors looking to access to the third largest economy in the world, the Japanese Yen/US Dollar (JPY/USD) futures contract at CME Group offers that exposure. This contract can provide a variety of trades and hedges. Say you wanted to hedge against currency risk from one of the large Japanese automakers and tech firms in your portfolio, JPY/USD can help do that. Or for traders looking for a more direct opinion on Japan’s economy, currencies are one way to express that.
Given the size, diversity and strength of the Japanese economy, the yen still stands as the benchmark for Asian currencies. The standard contract is sized at 12.5 million yen but can also be traded in a 6.25 million yen sized E-mini (JPY/USD) and 1.25 million yen sized E-micro JPY/USD contract, all available almost 24-hours per day on the CME Globex platform.

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Contract Details

Contract Month  

H, M, U, Z (Mar, Jun, Sep, Dec)

Trading Venue  

CME offers electronic trading almost 24/6

Product Symbol  

6J

Price Quotation  

Japanese Yen per Dollar

Trading Hours  

Sunday – Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT

Options Available  

Yes

Contract Size  

¥12,500,000

Minimum Tick  

5.0e-07

Dollar Value of One Tick  

$6.25

Initial Margin  

$3,190.00

Data provided by CQG. Data is delayed 10 minutes.