​​​
  1. Nikkei average futures and options seen settling at 16,639.11: Sources

Nikkei average futures and options seen settling at 16,639.11: Sources

Nikkei futures and options contracts expiring in June were forecast to settle at 16,639.11, market participants said on Friday, citing estimates by brokerages.

By: | Published: June 10, 2016 8:03 AM
Nikkei index Nikkei futures and options contracts expiring in June were forecast to settle at 16,639.11, market participants said on Friday, citing estimates by brokerages. (Photo: AP)

Nikkei futures and options contracts expiring in June were forecast to settle at 16,639.11, market participants said on Friday, citing estimates by brokerages.

The closely watched settlement price, known in Japan as the special quotation, or “SQ”, is calculated from the opening prices of the 225 shares in the Nikkei average on the second Friday of every month.

It is calculated monthly for options and every three months for futures. The official settlement price will be announced after the market closes on Friday.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top