Margins and price limits to be applied for the trades in December 2007 are as follows: (Unit: JPY)
Commodity |
Contract Month |
Initial*1 |
Spot Month*2 |
Extra-ordinary*3 |
Price Limit |
EPR*4 |
WPR*6 (+/- |
Rubber |
Dec 2007 |
75,000 |
37,500 |
- |
- |
0.3 |
1.0 |
Jan 2008- |
75,000 |
- |
- |
10.0 |
|||
Gold |
Dec 2007 |
120,000 | 60,000 | - |
- |
3 |
8 |
Feb 2008- |
120,000 | - |
- |
120 |
|||
Gold |
Dec 2007 | 16,000 | - |
- |
- | 3 | 8 |
| Feb 2008- Jun 2008 |
16,000 | - |
- |
120 | |||
Gold |
All series | 60,000 |
- | - | 120 |
3 | 8 |
Silver |
Dec 2007 |
108,000 | 54,000 | - |
- |
0.7 |
2.0 |
Feb 2008- |
108,000 | - |
- |
24.0 | |||
Platinum |
Dec 2007 |
90,000 | 90,000 | - |
- |
3 |
10 |
Feb 2008- Dec 2008 |
90,000 | - |
- |
120 |
|||
Palladium |
Dec 2007 |
45,000 | 45,000 | - |
- |
3 |
10 |
Feb 2008- |
45,000 | - |
- |
60 |
|||
Crude Oil |
Dec 2007 |
135,000 | - |
- |
- |
30 |
200 |
Jan 2008- May 2008 |
135,000 | - |
- |
2,700 |
|||
Gasoline |
Jan 2008 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Feb 2008- |
135,000 |
- |
- |
2,700 |
|||
Kerosene |
Jan 2008 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Feb 2008- |
135,000 |
- |
- |
2,700 |
|||
Aluminum |
Dec 2007 |
75,000 | 37,500 | - |
- | 0.5 |
1.2 |
10.0 |
|||||||
| Feb 2008- Dec 2008 |
75,000 | - |
- |
*1 Initial : Maintenance Amount for Initial Clearing Margin
*2 Spot Month : Spot Month Additional Clearing Margin
*3 Extraordinary : Extraordinary Clearing Margin
*4 EPR : Executable Price Range
*5 RP: Reference Price
*6 WPR: Warning Point Range
* For the January 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after December 21, 2007.
* For the February 2008 contract of Gold (except Gold Mini and Gold Options), Silver, Platinum and Palladium, Spot Month Additional Clearing Margins (Gold:JPY 60,000 Silver:JPY 54,000 Platinum:JPY90,000 Palladium:JPY45,000) shall be required on and after December 19, 2007. * For the February 2008 contract of Gasoline and Kerosene, Spot Month Additional Clearing Margins (JPY 67,500) shall be required on and after December 26, 2007.
* For the February 2008 contract of Aluminum, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after December 19, 2007.
* No price limit will be imposed on and after December 21, 2007 for the January 2008 contract of Rubber, as well as on and after December 19, 2007 for the February 2008 contracts of Gold, Silver, Platinum, Palladium, Aluminum, and on and after December 26, 2007 for the February 2008 contracts of Gasoline and Kerosene.
