April Nikkei options seen settling at 9,612.51

April 8 (Reuters) – Nikkei options contracts expiring in
April likely settled at 9,612.51, Tokyo market participants said
on Friday, citing estimates by local brokerages.

The closely watched settlement price, known in Japan as the
special quotation or “SQ”, is calculated from the opening prices
of the 225 shares on the Nikkei average on the second
Friday of the month.

It is calculated monthly for options and every three months
for futures. The official settlement price will be announced by
the Osaka Securities Exchange after the market closes on Friday.

(Reporting by Chikafumi Hodo)

April Nikkei options seen settling at 9,612.51