Börse Tokio

Auszug aus den Börsenusancen

Bitte beachten Sie, dass die angeführten Börsenusancen nur einen Auszug darstellen und sich ändern können. Die vollständigen Börsenusancen liegen direkt bei der Börse auf. Jegliche Haftung unsererseits im Zusammenhang mit den angeführten Börsenusancen ist ausgeschlossen.
 

Allgemeine Informationen
Börsenname Tokyo Stock Exchange (TSE)
Börsensitzung 9:00 Uhr bis 15:00 Uhr Ortszeit; 02:00 - 08:00 Uhr (MEZ)
Versammlungsart Parkettbörse (Präsenzbörse)
Börsenart geregelte Finanzbörse
Kursnotiz Stücknotiz (Aktien)
Börsenwährung Japanischer-Yen
Limitarten Betrag
Bestens
Mögliche Limitzusätze -
Mögliche Gültigkeiten max. 360 Tage
Valuta Schlusstag + 3 Werktage

Börsenfeiertage

An folgenden Tagen findet kein Börsenhandel statt. Bitte beachten Sie, dass sich manche Feiertage vom Datum her verschieben können.
 

Datum Feiertag
1. Jänner New Year's Day
10. Jänner Coming-of-Age Day
11. Februar Nationalfeiertag
21. März Vernal Equinox Day
29. April Showa Day
03. Mai Nationalfeiertag
04. Mai Greenery Day
05. Mai Tag des Kindes
18. Juli Feiertag der kaiserlichen Marine
19. September Tag der Alten
23. September Autumnal Equinox Day
10. Oktober Tag des Sports
03. November Tag der Kultur
23. November Tag der Anerkennung der Arbeit
23. Dezember Geburtstag des Kaisers

Bitte beachten Sie auch die Orderrichtlinien!

HOURS:
Tokyo Stock Exchange LOCAL EXCHANGE TICKER: JT
2-1-1 Nihombashi-Kabuto-cho 8) Trading Hours
Chuo-ku, Tokyo 103, Japan ToSTNet transactions on TSE are off-hour
Telephone (03) 3666 0141 trading, different from pre-opening and
normal trading. ToSTNet applies only
4) Exchange Web Page to the Tokyo Stock Exchange
5) Exchange Price Limit Information
6) Exchange Price Limit Information (in English, see *2 Daily Price Limit)
7) Guide to TSE Trading Methodology
8) Listing Requirements

SHORT SELLING OF SECURITIES:
Cabinet does not allow
“to make Entrustment, etc. in which the entrusted person is entrusted to, as soon as their price rises from that at the time of the entrustment and reaches the limit given in the entrustment or higher, purchase the Securities, or to, as soon as their price falls from that at the time of the entrustment and reaches the limit given in the entrustment or lower, sell the Securities.”
(Financial Instrument and Exchange Act Article 162-1-ii)

SETTLEMENT AND TRANSFER:
Securities companies and financial institutions place their stock holdings in depositary institutions, and transactions are accomplished by entering the new shareholder´s name in the depositary´s books. Regular settlement usually takes place on the third day after the transaction or the day after. In some cases the buyer and seller may agree to fix a settlement date up to 14 days following the transaction.

TYPES OF SECURITIES:
Common, preferred, deferred and convertible shares, shares to be retired with profits, shares without voting rights, convertible debentures, debentures with rights of pre-emption in respect of new shares, separable warrant debenture bonds, Japanese government bonds, US treasury bond futures, futures and options are trades on the Exchanges.

REPORTING REQUIREMENT FOR LISTED COMPANIES:
Listed companies must disclose to the Ministry of Finance and the stock exchange annual, semiannual and extraordinary reports, facts which may have a material effect on their business, mergers, stock splits and news of dividends and new share issues.

EXPIRATION MONTHS FOR EQUITY OPTIONS:
Single company equity options do not trade on the Japanese exchanges. Options on the Nikkei Stock Average and Japanese Government Bond Futures trade on the two nearest months in the March-, June-, September- and December cycle. Options on the Tokyo Stock Price Index trade monthly for four near-term months.

LAST DAY TO EXERCISE AN EQUITY OPTION:
The only day to exercise an equity option is the first business day before the second Friday of the expiration month.

IMPLICATIONS FOR FOREIGN INVESTORS:
For certain industries in Japan, there are restrictions as to the number of shares that can be held by foreign investors.

INDICES:
The following indices for the Japanese market appear on the Bloomberg.

Ticker: Index:
NKY Nikkei 225
JPN Japan Index
TPX Tokyo Price Index
JSDA JASDAQ Stock Index
NSY Nagoya 25 Index
NEY Nikkei 300

UNRESTRICTED MARKET:
Long: Cash Equity, Swaps
Short: Cash Equity, Swaps

LIMITATIONS:
Short sales are permitted subject to restrictions and regulations. Short sales should be reported as such to the Exchange. All Short Sales must be executed on the uptick. Exemptions: selling when long position is ensured, arbitrage and hedge transactions, bridge sales or Tsunagi Uri, the short sale of odd lot stocks.

TRADING NOTES:
Lunch break has a strong influence on flows, heavy open (morning & afternoon) and strong close, quieter mid-sessions

Average bid/ask spread is 23.4 basis points.

SUPERVISORY BODY:
The Financial Services Agency (FSA) & Securities and Exchange Surveillance Commission.

VOTING RIGHTS:
On November 10, 2009 the voting rights per share (DS498, VOTING_RIGHTS) have been changed to “per share” from “per round lot” that we had for all Japanese tickers. It was recently brought to our attention that we had voting rights per ROUND LOT, although the field was designed for voting rights per SHARE. If round lot is 100, then the voting right is 0.01 per share. If round lot is 1000, voting right is 0.001 per share. There is no change for Japanese companies that 1 voting right is granted to each round lot.