Margins and price limits to be applied for the trades in December 2006 are as follows: (Unit: JPY)
Commodity |
Contract Month |
Initial*1 |
Spot Month*2 |
Extra-ordinary*3 |
Price Limit |
EPR*4 |
WPR*6 (+/- |
Rubber |
Dec 2006 |
75,000 |
37,500 |
- |
- |
0.3 |
1.0 |
Jan 2007- |
75,000 |
- |
- |
10.0 |
|||
Gold |
Dec 2006 |
90,000 | 45,000 | - |
- |
3
|
8 |
Feb 2007- |
90,000 | - |
- |
60 |
|||
Gold Options |
All series |
45,000 |
- |
- |
60 |
3 |
8 |
Silver |
Dec 2006 |
162,000 | 81,000 | - |
- |
0.7 |
2.0 |
Feb 2007- Aug 2007 |
162,000 | - |
- |
18.0 | |||
Oct 2007- |
81,000 | - |
- |
||||
Platinum |
Dec 2006 |
75,000 | 75,000 | - |
- |
3 |
10 |
Feb 2007- Dec 2007 |
75,000 | - |
- |
100 |
|||
Palladium |
Dec 2006 |
60,000 | 60,000 | - |
- |
3 |
10 |
Feb 2007- Dec 2007 |
60,000 | - |
- |
80 |
|||
Crude Oil |
Dec 2006 |
90,000 | - |
- |
- |
30 |
200 |
| Jan 2007- May 2007 |
90,000 | - |
- |
1,200 |
|||
| Gasoline |
Jan 2007 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Feb 2007- Jul 2007 |
135,000 |
- |
- |
1,800 |
|||
| Kerosene |
Jan 2007 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Feb 2007- |
135,000 |
- |
- |
1,800 |
|||
Aluminum |
Dec 2006 | 120,000 |
60,000 |
- |
- |
0.5 |
1.2 |
Feb 2007- Aug 2007 |
120,000 | - |
- |
8.0 |
|||
| Oct 2007- Dec 2007 |
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 February 2007contracts of Gold (except Gold Options), Silver, Platinum, Palladium and
Aluminum, Spot Month Additional Trading Margins (the same amounts required for December 2006
contracts for each commodity) shall be required on and after December 20, 2006.
* For February 2007 contracts of Gasoline and Kerosene, Spot Month Additional Trading Margins
(JPY675,000 for each) shall be required on and after December 26, 2006.
* For January 2007contract of Rubber, Spot Month Additional Trading Margins (JPY37,500) shall be required on and after December 25, 2006.
* For February 2007 contracts of Gold (including Gold Options), Silver, Platinum, Palladium and
Aluminum, no price limit will be imposed on and after December 20, 2006.
* For February 2007 contracts of Gasoline and Kerosene, no price limit will be imposed
on and after December 26, 2006.
* For January 2007contract of Rubber, no price limit will be imposed on and after December 25, 2006.
