Japanese Yen (6J) Futures Contract Specifications

Currencies

Japanese Yen Futures (6J) provide exposure to the USD/JPY exchange rate. These contracts are widely used by traders and hedgers with exposure to Japanese currency markets.

Contract Specifications

Detailed specifications for trading this futures contract

Contract Size

12,500,000 JPY

Tick Size

0.000001 per JPY ($0.000001)

Tick Value

$12.50 per tick

Point Value

$12.50 per point ($0.000001 per JPY)

Trading Hours

Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)

Platform Symbol

Margins

Check with your broker for the latest margin rates and details

Why Trade Japanese Yen (6J) Futures?

Key benefits and characteristics of this futures contract

Exposure to USD/JPY exchange rate

High liquidity during Asian trading hours

Extended trading hours

Effective hedging tool

Carry trade opportunities

Bank of Japan policy sensitivity

Position Sizing for Japanese Yen (6J) Futures

Example calculation for proper position sizing based on risk tolerance

For Japanese Yen (6J):

Tick Size: 0.000001 per JPY ($0.000001)

Tick Value: $12.50 per tick

Point Value: $12.50 per point ($0.000001 per JPY)

If you want to risk $500 with a 40-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 40 × 12.50 ($0.000001 per JPY) = $ 500

Maximum Contracts = Risk Amount ÷ Risk per Contract = $ 500 ÷ $ 500 = 1 contract