Margins and price limits to be applied for the trades in April 2007 are as follows: (Unit: JPY)
Commodity |
Contract Month |
Initial*1 |
Spot Month*2 |
Extra-ordinary*3 |
Price Limit |
EPR*4 |
WPR*6 (+/- |
Rubber |
Apr 2007 |
75,000 |
37,500 |
- |
- |
0.3 |
1.0 |
May 2007- |
75,000 |
- |
- |
10.0 |
|||
Gold |
Apr 2007 |
120,000 | 60,000 | - |
- |
3
|
8 |
Jun 2007- |
120,000 | - |
- |
80 |
|||
Gold Options |
All series |
60,000 |
- |
- |
80 |
3 |
8 |
Silver |
Apr 2007 |
162,000 | 81,000 | - |
- |
0.7 |
2.0 |
Jun 2007- Aug 2007 |
162,000 | - |
- |
18.0 | |||
Oct 2007- |
81,000 | - |
- |
||||
Platinum |
Apr 2007 |
75,000 | 75,000 | - |
- |
3 |
10 |
Jun 2007- Apr 2008 |
75,000 | - |
- |
100 |
|||
Palladium |
Apr 2007 |
45,000 | 45,000 | - |
- |
3 |
10 |
Jun 2007- Apr 2008 |
45,000 | - |
- |
60 |
|||
Crude Oil |
Apr 2007 |
135,000 | - |
- |
- |
30 |
200 |
| May 2007- Sep 2007 |
135,000 | - |
- |
1,800 |
|||
| Gasoline |
May 2007 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Jun 2007- Nov 2007 |
135,000 |
- |
- |
1,800 |
|||
| Kerosene |
May 2007 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Jun 2007- |
135,000 |
- |
- |
1,800 |
|||
Aluminum |
Apr 2007 | 120,000 |
60,000 |
- |
- |
0.5 |
1.2 |
Jun 2007- Aug 2007 |
120,000 | - |
- |
8.0 |
|||
| Oct 2007- Apr 2008 |
60,000 | - |
- |
*1 Initial : Minimum Initial Trading Margin
*2 Spot Month : Spot Month Additional Trading Margin
*3 Extraordinary : Extraordinary Trading Margin
*4 EPR : Executable Price Range
*5 RP: Reference Price
*6 WPR: Warning Point Range
* For the May 2007 contract of Rubber, Spot Month Additional Trading Margins (JPY37,500) shall be required on and after April 24, 2007.
* For June 2007 contracts of Gold (except Gold Options), Silver, Platinum, Palladium and Aluminum, Spot Month Additional Trading Margins (the same amounts required for April 2007 contracts for each commodity) shall be required on and after April 25, 2007.
* For June 2007 contracts of Gasoline and Kerosene, Spot Month Additional Trading Margins
(JPY675,000 for each) shall be required on and after April 26, 2007.
* For the May 2007 contract of Rubber, no price limit will be imposed on and after April 24, 2007. * For June 2007 contracts of Gold (including Gold Options), Silver, Platinum, Palladium, Aluminum, no price limit will be imposed on and after April 25,2007. * For June 2007 contracts of Gasoline and Kerosene, no price limit will be imposed on and after April 26, 2007.
