Help on the Japanese Yen (JY)

Japanese Yen Futures are traded on the Chicago Mercantile Exchange. The price of the Yen is quoted in cents per Japanese Yen. The standard contract size is 1,250,000 Japanese Yen. The minimum trading increment is 0.01 cents/Yen.

Japanese Yen prices are read as follows:

A price of 89.68 would be read as .8968 cents per Japanese Yen..

A move from 89.68 to 90.68 would be a difference of $1,250.00 excluding commissions and fees. The minimum change is 0.01 point or $12.50

Formula: $0.008968 - $0.007068 = $0.000100 *1,250,000 = $1,250.00

» Click here to learn more about the Japanese Yen
» Click Here for Japanese Yen Quotes
» Back to Commodity Pricing Index