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Tokyo Commodity Exchange: Regular Imposition Of Delivery Month Charge (Rubber Market)

Date 08/08/2017

Due to the significant price fluctuation in the current contract month of the rubber market since last December, TOCOM has decided to have participants deposit Delivery Month Charge from September 2017 contract.  Said charge will be applied from the 1st day of the month, and the amount will be equivalent to half the amount of Price Scan Range (PSR).

【Delivery Month Charge】
(1) Market
Rubber market
(2) Contract
Current contract month on and after September 2017 contract
(3) Period
From the 1st day of the current month until the last trading day
(To be applied to the remaining positions on the day session on September 1st, 2017 and onwards)
(4) Amount
Half the amount of PSR
Example:In case of the current PSR (applied in the first half of August)
PSR JPY80,000 x 1/2 = Delivery Month Charge JPY40,000

Note: Delivery Month Charge for markets other than rubber will be required when it is deemed necessary by the Exchange. In such case, it will be applied from the business day immediately following the last trading day.