Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange: Extraordinary Clearing Margin For Crude Oil, Gasoline And Kerosene

Date 08/05/2008

With regards to the Crude Oil, Gasoline and Kerosene markets, since the final contract prices for three or more contract months (excluding contract months with no applicable price limit) have reached the price limit in the same direction for two consecutive business days, based on item 3.3.2 of the Regulations Governing Management of the Oil Market, deposit of the below Extraordinary Clearing Margin is required.

  1. Commodity: Crude Oil, Gasoline and Kerosene
  2. Starting date: deposits are required on new positions on and after May 9, 2008.
  3. Amount: JPY 67,500 per lot

Contract Month

Extraordinary Clearing Margin from May 9

All contract months

(new positions)

JPY 67,500