Equity Derivatives Broker - Delta One Japan, Vantage Capital Markets Japan

François-Xavier Pustoc'h

Equity Derivatives Broker - Delta One Japan

Independent Financial Broker

Vantage Capital Markets Japan

We provide world class financial solutions to our extensive institutional client base including rapidly growing corporations, leading investment banks, commercial banks, asset managers, private equity funds, family offices and hedge funds.

Our services include capital market offerings and placements, wholesale brokerage and execution of cash and derivative products (both listed and OTC) across a range of asset classes.

VCM has offices in London, Hong Kong, Tokyo and Dubai from where we service our global client base. Our strength lies in the experience and quality of our teams, supported by excellent operations and infrastructure.

Equity Derivatives

<ul><li>Steepening of the dividend curve this week despite geopolitical tensions                    </li><li>Volumes were very low with 344 lots trading (109x on 2025, 235x on 2026).</li><li>Nikkei Dividend Yield is now 2.08%                             </li></ul>

Steepening of the dividend curve this week despite geopolitical tensions                    Volumes were very low with 344 lots trading (109x on 2025, 235x on 2026).Nikkei Dividend Yield is now 2.08%                             

VCM: Nikkei Dividends Update (Jun 13th – Jun 20th)

<ul><li>Steepening of the dividend curve this week.                                                                     </li><li>Volumes were very low with 380 lots trading (225x on 2026).</li><li>Nikkei Dividend Yield is now 2.10%</li></ul>

Steepening of the dividend curve this week.                                                                     Volumes were very low with 380 lots trading (225x on 2026).Nikkei Dividend Yield is now 2.10%

Nikkei Dividends Update (Jun 9th – Jun 16th)

<ul>
<li>2 business days before Jun25 SQ on Nikkei and Topix Futures &amp; Options</li>
<li>Both NK and TP rolls have been very stable compared to the past SQs.</li>
<li>Current Roll Levels: NK JUN25/SEP25 ROLL -21/-20, TP JUN25/SEP25 ROLL -0.4/-0.3</li>
</ul>


2 business days before Jun25 SQ on Nikkei and Topix Futures &amp; Options
Both NK and TP rolls have been very stable compared to the past SQs.
Current Roll Levels: NK JUN25/SEP25 ROLL -21/-20, TP JUN25/SEP25 ROLL -0.4/-0.3


Nikkei & Topix Future Roll Update (Jun 11th, 2025)

<ul><li>Flattening of the dividend curve this week on the back of the Index consultation on spin-offs.           </li><li>Volumes were very low with 530 lots trading (mostly on 2026).</li><li>Nikkei Dividend Yield is now 2.10%</li></ul>

Flattening of the dividend curve this week on the back of the Index consultation on spin-offs.           Volumes were very low with 530 lots trading (mostly on 2026).Nikkei Dividend Yield is now 2.10%

Nikkei Dividends Update (Jun 6th – Jun 10th)

<ul>
<li>The Nikkei 225 dividend curve up this week on the back end.                                        </li>
<li>Low volumes mostly in 2026 the lowest point of the curve</li>
<li>Nikkei 225 dividend calendars at historical lows.</li>
</ul>


The Nikkei 225 dividend curve up this week on the back end.                                        
Low volumes mostly in 2026 the lowest point of the curve
Nikkei 225 dividend calendars at historical lows.


Nikkei Dividends Update (May 23rd – May 30th)

Japan

The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated Japanese companies listed in the First Section of the Tokyo Stock Exchange. The Nikkei Stock Average was first published on May 16, 1949, where the average price was ¥176.21 with a divisor of 225. 

Nikkei 225 (NKY INDEX)

VCM: Nikkei Dividends Update (Jun 13th – Jun 20th)

Steepening of the dividend curve this week despite geopolitical tensions Volumes were very low with 344 lots trading (109x on 2025, 235x on...

Vantage Capital Markets Japan

Nikkei Dividends Update (Jun 9th – Jun 16th)

Steepening of the dividend curve this week. Volumes were very low with 380 lots trading (225x on 2026). Nikkei Dividend Yield is now 2.10%

Vantage Capital Markets Japan

Nikkei & Topix Future Roll Update (Jun 11th, 2025)

2 business days before Jun25 SQ on Nikkei and Topix Futures & Options Both NK and TP rolls have been very stable compared to the past...

Vantage Capital Markets Japan

Nikkei Dividends Update (Jun 6th – Jun 10th)

Flattening of the dividend curve this week on the back of the Index consultation on spin-offs. Volumes were very low with 530 lots trading (mostly...

Vantage Capital Markets Japan

Nikkei Dividends Update (May 23rd – May 30th)

The Nikkei 225 dividend curve up this week on the back end. Low volumes mostly in 2026 the lowest point of the curve. Low volumes mostly in 2026...

Vantage Capital Markets Japan