Japanese Yen (6J) Futures Contract Specifications

What Are Japanese Yen (6J) Futures?

Japanese Yen Futures (6J) provide traders with exposure to the USD/JPY exchange rate. These contracts allow traders to speculate on the value of the U.S. Dollar relative to the Japanese Yen or hedge currency risk in international business operations.

Contract Size

Contract Size: 12,500,000 Japanese Yen

Example: This contract size allows traders to gain exposure to currencies with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.000001 USD per Yen (1 pip)
  • Tick Value: $12.50 per tick
  • Point Value: $125.00 per 0.0001

These specifications make Japanese Yen (6J) Futures suitable for traders seeking exposure to currencies markets.

Trading Hours

Japanese Yen (6J) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, nearly 24 hours a day with a short break
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: 6J

Margins

To trade Japanese Yen (6J) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Japanese Yen (6J) Futures?

  • Exposure to one of the world's most traded currency pairs
  • High liquidity and tight bid-ask spreads
  • Effective hedging tool for businesses with Japanese Yen exposure
  • Extended trading hours covering all global market sessions
  • Standardized contract specifications and regulated exchange

Position Sizing for Japanese Yen (6J) Futures

Proper position sizing is crucial when trading Japanese Yen (6J) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Japanese Yen (6J) Futures (6J):

  • Tick Size: 0.000001 USD per Yen (1 pip)
  • Tick Value: $12.50 per tick
  • Point Value: $125.00 per 0.0001

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 125.00 per 0.0001 = $1250

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $1250 = 0 contracts