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Screenshot of a breaking news alert e-mail from Q2 2017
Tokyo Financial Exchange (TFX) today announced an extension to its Discount Program in Three-month Euroyen Futures (Euroyen), in an effort obviously targeted at spurring trading with these instruments.
TFX has decided to extend the program, which offers discounts of up to 90%, until the end of March 2016. The program will cover Strip, Butterfly and Condor Trades executed through Block Trade functions.
Earlier in 2015, as trading volumes with Euroyen were weak, TFX extended its discount program for three-month Euroyen futures for further six months – till the end of September 30, 2015. And in July 2015, the Exchange expanded the scope of the program, to cover Butterfly and Condor trades with these instruments, in a further effort to incentivize trading.
Below is the table, which details the fees under the discount program.
To view the announcement from TFX on the extended discount program, click here.