Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Central Japan Commodity Exchange: Suspension Of Trading At Rubber (TSR 20) And Aluminum Markets

Date 27/02/2009

Currently, trading is not active on some of the C-Com markets due to the adverse environments surrounding the entire Japanese commodity futures marketplace. Although C-Com has made its best efforts to promote such markets, the stagnant market conditions have lingered without a symptom of any improvements. Under those circumstances C-Com has regrettably come to a conclusion to suspend the trading of the futures contracts in such markets under the provision of the Article 8-1 of Market Administrative Bylaws until the market conditions change to improve. The decision was made according to one of the proposals that were made by the C-Com Study Committee that has explored the future direction of C-Com for the past six months.

The TSR 20 (Rubber) and Aluminum are the contracts whose trading is to be suspended. No new contract months shall be listed in and after September 2009 for Rubber (TSR 20), and in and after March 2010 for Aluminum Markets respectively.

The trading for the contract months currently listed shall be suspended in the following way;

TSR 20
Contract months Trading to be suspended from
Those without open interest
as at the end of February 2009
March 2, 2009
April and May 2009
contract months
At the end of the last trading day of each contract month, or on April 10, 2009, if the open interest for the May 2009 contract month is not outstanding as on April 9, 2009
* The treatment for April and May contract months is specially made for the purpose of providing the prices to the existing C-Com Natural Rubber Index, since C-Com TSR 20 is a component of the Index.

Aluminum
Contract months Trading to be suspended from
Those without open interest
as at the end of February 2009
March 2, 2009
Those with open interest
as at the end of February 2009
At the end of the last trading day of each contract month, or the business day following the day when the open interest is cleared, if cleared before the last trading day