TOKYO, March 8 (Reuters) - Nikkei futures and options
contracts expiring in March likely settled at 12,072.98, market
participants said on Friday, citing estimates by local
The closely watched settlement price, known in Japan as the
special quotation, or "SQ", is calculated from the opening
prices of the 225 shares in 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
after the market closes on Friday.