Margins and Price Limits to be applied for the trades in February 2009 are as follows (Unit: JPY):
| Commodity |
Contract Month |
Initial*1 | Spot Month*2 | Extra-ordinary*3 | Price Limit |
EPR*4(+/-Ref. Price*5) |
WPR*6(+/-Ref. Price) |
|---|---|---|---|---|---|---|---|
|
Rubber |
FEB'09 |
90,000 | 45,000 |
- |
- |
0.3 |
1.0 |
|
MAR'09 |
90,000 | - |
- |
16.0 |
|||
|
Gold |
FEB'09 |
150,000 | 75,000 |
- |
- |
3 |
8 |
|
APR'09 |
150,000 | - |
- |
150 |
|||
|
Gold |
FEB'09 |
20,000 | - |
- |
- |
3 |
8 |
|
APR'09 |
20,000 | - |
- |
150 |
|||
|
Gold Options |
All series |
75,000 | - |
- |
- |
3 |
8 |
|
- |
150 |
||||||
|
Silver |
FEB'09 |
117,000 | 58,500 |
- |
- |
0.7 |
2.0 |
|
APR'09 |
117,000 | - |
- |
40.0 |
|||
|
Platinum |
FEB'09 |
165,000 | 165,000 |
- |
- |
3 |
10 |
|
APR'09 |
165,000 | - |
- |
300 |
|||
|
Platinum |
FEB'09 |
44,000 | - |
- |
- |
3 |
10 |
|
APR'09 |
44,000 | - |
- |
300 |
|||
|
Palladium |
FEB'09 |
60,000 | 60,000 |
- |
- |
3 |
10 |
|
APR'09 |
60,000 | - |
- |
80 |
|||
|
Crude Oil |
FEB'09 |
225,000 | - |
- |
- |
30 |
200 |
|
MAR'09 |
225,000 | - |
- |
3,600 |
|||
|
Gasoline |
MAR'09 |
225,000 | 112,500 |
- |
- |
30 |
200 |
|
APR'09 |
225,000 | - |
- |
3,600 |
|||
|
Kerosene |
MAR'09 |
225,000 | 112,500 |
- |
- |
30 |
200 |
|
APR'09 |
225,000 | - |
- |
3,600 |
|||
|
Aluminum |
FEB'09 |
90,000 | 45,000 |
- |
- |
0.5 |
1.2 |
|
APR'09 |
90,000 | - |
- |
16.0
|
*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
<Spot Month Additional
Clearing Margin>
* For the March 2009 contract of Rubber, Spot Month Additional Clearing Margins
(JPY 45,000) shall be required on and after February 24, 2009.
* For the April 2009 contract of Gold (except Gold Mini and Gold Options),
Silver, Platinum(except Platinum Mini) and Palladium, Spot Month Additional
Clearing Margins (Gold: JPY 75,000, Silver: JPY 58,500, Platinum: JPY 165,000,
Palladium: JPY 60,000) shall be required on and after February 25, 2009.
* For the April 2009 contracts of Gasoline and Kerosene, Spot Month Additional
Clearing Margins (Gasoline: JPY 112,500, Kerosene: JPY 112,500) shall be
required on and after February 26, 2009.
* For the April 2009 contract of Aluminum, Spot Month Additional Clearing
Margins (JPY 45,000) shall be required on and after February 25, 2009.
<Price Limit>
* No price limit will be imposed on and after February 24, 2009 for the March
2009 contract of Rubber.
* No price limit will be imposed on and after February 26, 2009 for the April
2009 contracts of Gasoline and Kerosene.
* No price limit will be imposed on and after February 25, 2009 for the April
2009 contract of Gold, Silver, Platinum, Palladium and Aluminum.
* With regards to Palladium, if the final contract price for all or a part of
the contract months drops below JPY 400 to within the three hundred yen level,
the price limits for Palladium shall be JPY 60 on and after the following
business day.
