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  • No : 2833
  • Updated Date : 2016/12/30 01:49
  • Modified on : 2019/06/24 10:47
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[J-GATE]Trade Multiplierin DQ122

Are the values of Trade Multiplier in DQ122 effective?
The certain series has same Trade Multiplier in DQ122 even though the underlying has changed the trading unit from 1000 to 100.
 
Category : 

Answer

It is written at "Provision of trading unit and the multiplier for trading" in 7.3.11.6 of J-GATE Connectivity Manual as below .
 
Trading conversion factor is set in both instrument class (DQ122) and instrument series (DQ124), but the value in DQ122 must NOT be used.
 
the value in DQ124 should be used for Trade Multiplier.
It is possible to have different delivery quantity with same underlying as written in "Series Code Updates and Corporate Action on the Underlying Series", 4.7.1.2.2 of J-GATE Connectivity Manual.
That's why the values of DQ124 are effective.
the value of Trade Multiplier in DQ124 shows 100.
 
 

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