Margins and price limits to be applied for the trades in February 2007 are as follows: (Unit: JPY)
Commodity |
Contract Month |
Initial*1 |
Spot Month*2 |
Extra-ordinary*3 |
Price Limit |
EPR*4 |
WPR*6 (+/- |
Rubber |
Feb 2007 |
75,000 |
37,500 |
- |
- |
0.3 |
1.0 |
Mar 2007- Aug 2007 |
75,000 |
- |
- |
10.0 |
|||
Gold |
Feb 2007 |
90,000 | 45,000 | - |
- |
3
|
8 |
Apr 2007- |
90,000 | - |
- |
60 |
|||
Gold Options |
All series |
45,000 |
- |
- |
60 |
3 |
8 |
Silver |
Feb 2007 |
162,000 | 81,000 | - |
- |
0.7 |
2.0 |
Apr 2007- Aug 2007 |
162,000 | - |
- |
18.0 | |||
Oct 2007- |
81,000 | - |
- |
||||
Platinum |
Feb 2007 |
75,000 | 75,000 | - |
- |
3 |
10 |
Apr 2007- Feb 2008 |
75,000 | - |
- |
100 |
|||
Palladium |
Feb 2007 |
45,000 | 45,000 | - |
- |
3 |
10 |
Apr 2007- Feb 2008 |
45,000 | - |
- |
60 |
|||
Crude Oil |
Feb 2007 |
135,000 | - |
- |
- |
30 |
200 |
| Mar 2007- Jul 2007 |
135,000 | - |
- |
1,800 |
|||
| Gasoline |
Mar 2007 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Apr 2007- Sep 2007 |
135,000 |
- |
- |
1,800 |
|||
| Kerosene |
Mar 2007 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Apr 2007- |
135,000 |
- |
- |
1,800 |
|||
Aluminum |
Feb 2007 | 120,000 |
60,000 |
- |
- |
0.5 |
1.2 |
Apr 2007- Aug 2007 |
120,000 | - |
- |
8.0 |
|||
| Oct 2007- Feb 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 April 2007 contracts of Gold (except Gold Options), Silver, Platinum, Palladium and Aluminum, Spot Month Additional Trading Margins (the same amounts required for February 2007 contracts for each commodity) shall be required on and after February 26, 2007.
* For April 2007 contracts of Gasoline and Kerosene, Spot Month Additional Trading Margins
(JPY675,000 for each) shall be required on and after February 26, 2007.
* For the March 2007contract of Rubber, Spot Month Additional Trading Margins (JPY37,500) shall be required on and after February 23, 2007.
* For April 2007 contracts of Gasoline, Kerosene, Gold (including Gold Options), Silver, Platinum, Palladium and Aluminum, no price limit will be imposed on and after February 26, 2007.
* For the March 2007 contract of Rubber, no price limit will be imposed on and after February 23, 2007.
