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Central Japan Commodity Exchange: Changes In Daily Price Fluctuation Limit And Initial Margin In Oil Market

Date 18/08/2008

Daily Price Fluctuation Limit and Initial Margin based on standard price band stipulated under the Regulations Governing Management of the Oil Market are to be changed as follows effective from September 1, 2008.
Gasoline, Kerosene and Gas Oil
Effective as from September 1, 2008
Price Daily Price
Fluctuation Limit
Initial Margin
  ¡Á Less than JPY 80,000
JPY 2,200 JPY 33,000
JPY 80,000 ¡Á Less than JPY 130,000
JPY 2,400 JPY 36,000
JPY 130,000 ¡Á  
JPY 2,600 JPY 39,000
Current
Price Daily Price
Fluctuation Limit
Initial Margin
  ¡Á Less than JPY 40,000
JPY 1,200 JPY 21,000
JPY 40,000 ¡Á Less than JPY 65,000
JPY 1,400 JPY 24,000
JPY 65,000 ¡Á  
JPY 1,600 JPY 27,000