Nikkei Index Arbitrage

[moksha99]

Is it true that Nikkei Futures can be arbitraged between SGX and Osaka?
Any prop firm in Singapore/ USA/ Australia doing it ?

 

[Martinghoul]

Have you been reading about Nick Leeson or smth?

 

[moksha99]

I had read about him in the past but I think that was related to not just trying to tarde teh futures
I believe in order to stop losses from Nikkei Straddles ( Sell Call and PUt option) he bought and sold Futures on Nikkei
He was not purely trying to arbitrage
Any way reason I am inquiring is I heard that it is still possible but you need good tools etc
and people are doing it in Singapore
So trying to find if it is really do

 

[MichaelPurcell]

What correlation exist between SGX and Nikkei? I am not sure there is much?

 

[moksha99]

The co relation I am talking about is is about SGX listed Nikkei futures and Osaka listed NIkkei futures both on sam eindex and both in Yen
Not the SGX singapore index

 

[xioxxio]

The difference between them is the sgx listed ones have a 5 point spread compared to 10.