Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange: Extraordinary Clearing Margin For Kerosene

Date 07/10/2008

With regards to the Kerosene market, 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: Kerosene

  2. Starting date: deposits are required on new positions on and after October 8, 2008.

  3. Amount: JPY 90,000 per lot

Contract Month

Extraordinary Clearing Margin from October 8

All contract months

(new positions)

JPY 90,000