Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange: Lifting Of Extraordinary Margin For Platinum And Palladium

Date 14/03/2008

Lifting of Extraordinary Clearing Margin for Platinum (imposed on 3/11)

2008.3.14

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 75,000 for new positions in the Platinum market, imposed on and after March 11, will be lifted on and after March 17.

 

 

Lifting of Extraordinary Clearing Margin for Palladium (imposed on 3/11)

2008.3.14

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 25,000 for new positions in the Palladium market, imposed on and after March 11, will be lifted on and after March 17.