Tokyo Stock Exchange: Handling Of TSE REIT Index Futures Contracts In Connection With Transition To Free-Float Weighting

Today, Tokyo Stock Exchange, Inc. (TSE) started gathering public comments concerning the transition in calculation methodology from “full-market capitalization weighting” to “free-float adjusted market capitalization weighting” (hereafter “free-float weighting”) for TSE REIT-related Indices.

Public Comments

If the transition is implemented as originally proposed, the underlying index of TSE REIT Index futures listed on Osaka Exchange, Inc. (OSE) will also transit to free-float weighting from the end of Jan. 2017. In addition, special quotations for final settlement prices will be calculated based on free-float shares.

Please note that the transition is due to be implemented for Mar. and Jun. 2017 contracts currently available and for Sep. and Dec. 2017 contracts set from here on forward during each respective trading period.