Margins and price limits to be applied for the trades in October 2006 are as follows: (Unit: JPY)
Commodity |
Contract Month |
Initial*1 |
Spot Month*2 |
Extra-ordinary*3 |
Price Limit |
EPR*4 |
WPR*6 (+/- |
Rubber |
Oct 2006 |
75,000 |
37,500 |
- |
- |
0.3 |
1.0 |
Nov 2006- Apr 2007 |
75,000 |
- |
- |
10.0 |
|||
Gold |
Oct 2006 |
90,000 | 45,000 | - |
- |
3
|
8 |
Dec 2006- |
90,000 | - |
- |
60 |
|||
Gold Options |
All series |
45,000 |
- |
- |
60 |
3 |
8 |
Silver |
Oct 2006 |
162,000 | 81,000 | - |
- |
0.7 |
2.0 |
Dec 2006- Aug 2007 |
162,000 | - |
- |
18.0 | |||
| Oct 2007*7 | 81,000 | - |
- |
||||
Platinum |
Oct 2006 |
75,000 | 75,000 | - |
- |
3 |
10 |
Dec 2006- Oct 2007 |
75,000 | - |
- |
100 |
|||
Palladium |
Oct 2006 |
60,000 | 60,000 | - |
- |
3 |
10 |
Dec 2006- Oct 2007 |
60,000 | - |
- |
80 |
|||
Crude Oil |
Oct 2006 |
90,000 | - |
- |
- |
30 |
200 |
| Nov 2006- Mar 2007 |
90,000 | - |
- |
1,200 |
|||
| Gasoline |
Nov 2006 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Dec 2006- May 2007 |
135,000 |
- |
- |
1,800 |
|||
| Kerosene |
Nov 2006 |
135,000 |
67,500 |
- |
- |
30 |
200 |
Dec 2006- May 2007 |
135,000 |
- |
- |
1,800 |
|||
Aluminum |
Oct 2006 | 120,000 |
60,000 |
- |
- |
0.5 |
1.2 |
Dec 2006- Aug 2007 |
120,000 | - | - | 8.0 | |||
| Oct 2007*7 | 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
*7 : For October 2007 contracts of Silver and Aluminum, scheduled for release on October 27th, the above amounts are subject to the approval by the Ministry of Economy, Trade and Industry of the amendments to the Business Rules related to the revision of the contract units.
* For December 2006 contracts of Gasoline and Kerosene, Spot Month Additional Trading Margins
(JPY675,000 for each) shall be required on and after October 26, 2006.
* For November 2006 contract of Rubber, Spot Month Additional Trading Margins (JPY37,500) shall be required on and after October 26, 2006.
* For December 2006 contracts of Gold (except Gold Options), Silver, Platinum, Palladium and
Aluminum, Spot Month Additional Trading Margins (the same amounts required for October 2006
contracts for each commodity) shall be required on and after October 27, 2006.
* For December 2006 contracts of Gasoline and Kerosene, as well as for the November 2006 contract of Rubber, no price limit will be imposed on and after October 26, 2006.
* For December 2006 contracts of Gold (including Gold Options), Silver, Platinum, Palladium and
Aluminum, no price limit will be imposed on and after October 27, 2006.
