2008.3.10
With regards to the Platinum 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 3.4.2 of the Regulations Governing Management of the Precious Metals Market, deposit of the below Extraordinary Clearing Margin is required.
1/ Commodity: Platinum
2/ Starting date: deposits are required on new positions on and after March 11, 2008.
3/ Amount: JPY 75,000 per lot
Contract Month |
Extraordinary Clearing Margin from March 11 |
All contract months (new positions) |
JPY 75,000 |
Extraordinary Clearing Margin for Palladium
2008.3.10
With regards to the Palladium 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 3.4.2 of the Regulations Governing Management of the Precious Metals Market, deposit of the below Extraordinary Clearing Margin is required.
1/ Commodity: Palladium
2/ Starting date: deposits are required on new positions on and after March 11, 2008.
3/ Amount: JPY 25,000 per lot
Contract Month |
Extraordinary Clearing Margin from March 11 |
All contract months (new positions) |
JPY 25,000 |
Lifting of Extraordinary Clearing Margin for Platinum (imposed on 2/18)
2008.2.27
Based on Item 3.4.2 of the Regulations Governing Management of the Precious Metals Market, since the final contract prices for all contract months (excluding contract months with no applicable price limit) have not reached the price limit for three consecutive business days, the Extraordinary Clearing Margin of JPY 60,000 for new positions in the Platinum market, imposed on and after 18 February, will be lifted on and after 27 February.
Lifting of Extraordinary Clearing Margin for Platinum (imposed on 2/21)
2008.2.27
At the meeting of the Market Management Committee on Precious Metals held on 26 February, it was decided that the Extraordinary Clearing Margin of JPY 50,000 for new and existing positions, imposed on and after 21 February, will be lifted on and after 3 March.
2008.2.18
The Market Management Committee on Precious Metals held an extraordinary meeting on 18 February and, based on item 3.4.3 of the Regulations Governing Management of the Precious Metals Market, decided to impose the following Extraordinary Clearing Margin on all contract months of the Platinum market on and after 21 February.
A deposit of JPY 50,000 per lot (Proprietary, General Customer and Member Customer) will be imposed on new and existing positions.
The lifting of said margin will depend on the future market condition.
Contract Month |
Extraordinary Clearing Margin from February 18 |
Extraordinary Clearing Margin from February 21 |
All contract months (existing positions) |
- |
JPY 50,000 |
All contract months (new positions) |
JPY 60,000* |
JPY 110,000 (JPY 60,000* + JPY 50,000) |
(*) Based on the Regulations Governing Management of the Precious Metals Market, the Extraordinary Margin of JPY 60,000 for new positions imposed on and after 18 February will be lifted when the final contract prices for all contract months (excluding contract months with no applicable price limit) have not reached the price limit for three consecutive business days.
2008.2.15
With regards to the Platinum 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 3.4.2 of the Regulations Governing Management of the Precious Metals Market, deposit of the below Extraordinary Clearing Margin is required.
1/ Commodity: Platinum
2/ Starting date: deposits are required on new positions on and after 18 February 2008.
3/ Amount: JPY 60,000 per lot
Contract Month |
Extraordinary Clearing Margin from February 18 |
All contract months (new positions) |
JPY 60,000* |
