Tokyo Grain Exchange: Change Of Margins For Non-GMO Soybean Contracts

Date 04/02/2008

Margin Requirements for February 2008

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Decided on February 4, 2008

Commodity Contract Month Minimum Initial Margins Spot Month Margins Extraordinary Margins Total Corn futures Mar. '08 75,000 60,000 40,000 175,000 May '08 - Mar. '09 60,000     60,000 Soybean futures Feb. '08 105,000 40,000 40,000 185,000 Apr. '08 - Feb. '09 105,000     105,000 Non-GMO Soybean futures Feb. '08 *3 32,000   10,000 42,000 *4 32,000   110,000 142,000 *5 32,000 10,000 10,000 52,000 *6 32,000 10,000 110,000 152,000 Apr. '08 - Feb. '09 *3 32,000     32,000 *4 32.000   100,000 132,000 Azuki futures Feb. '08 *1 42,000   40,000 82,000 *2 42,000 40,000 40,000 122,000 Mar. '08 42,000   20,000 62,000 Apr. '08 - Aug. '08 42,000     42,000 Raw Silk Feb. '08 *1 13,000   20,000 33,000 *2 13,000 20,000 20,000 53,000 Mar. '08 13,000   10,000 23,000 Apr. '08 -Aug. '08 13,000     13,000 Arabica Coffee futures Mar. '08 60,000   40,000 100,000 May '08 -Jan. '09 60,000     60,000 Robusta Coffee futures Mar. '08 60,000   40,000 100,000 May '08 - Jan. '09 60,000     60,000 Raw Sugar futures May '08 - Mar. '09 75,000     75,000 Refined White Soft Sugar futures Feb. '08 60,000 10,000   70,000 Mar. '08 - Jul. '08 60,000     60,000 Commodity Contract Month Minimum Initial Margins Spot Month Margins Extraordinary Margins Total

( unit : yen )

*1 Effective with the opening of business on February 1, 2008. *2 Effective with the opening of business on February 15, 2008. *3 For existing positions established on and before February 4, 2008, effective on the same day. *4 For positions newly established on and after February 5, 2008, effective on the same day. *5 For existing positions established on and before February 4, 2008, effective from February 15, 2008. *6 For positions newly established on and after February 5, 2008, effective from February 15, 2008.

NOTE

1. Standard amount for Minimum Initial Margins for Members (including Broker Members) shall be half of the amounts listed above. 2. In the case the Customer Initial Margin is set higher than the amount of Minimum Margins written in this table, calculation should be made accordingly and written the 'Total' column of this table.

 

Daily Price Limits for February 2008

Commodity		Daily Price Limit	Commodity	Daily Price Limit
Corn futures	Mar. '08	?|	Raw Silk	140
	May '08 - Mar. '09	800	Arabica Coffee futures	800
Soybean futures		1,400	Robusta Coffee futures	800
Non-GMO Soybean futures		1,400	Raw Sugar futures	1,000
Azuki futures		350	Refined White Soft Sugar futures	2.50

( unit : yen )

Go to the margin requirements for the previous month.