Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange: Market Data Trouble For Gold Contract - Summary

Date 04/04/2008

April 4th (2)
With regards to the dissemination trouble yesterday for Gold Feb09 contract, we would like to once again offer our deepest apologies.

Market data dissemination for this particular contract month was suspended because the amount of market data exceeded the maximum daily limit per series.
Since we have concluded that this will not affect the opening of the market, we started today's trading according to the normal schedule.
We are now carefully monitoring the amount of market data disseminated.

We will address this issue, from a technical point of view, on April 5th and 6th.
In the meantime, if the Exchange deems that there is a possibility that the same trouble might occur or if such trouble actually occured today, we will promptly inform all parties involved and continue the trading.

We will report later the results of our actions taken on the 5th and the 6th.


April 4th (1)
The TOCOM gold futures market opened according to the normal schedule.
We apologize for any inconvenience caused by the market data dissemination trouble for Gold Feb09
contract on April 3.


April 3rd
We were unable to disseminate our market data for the Gold Feb09 contract as of 17:15. Other contract months in Gold, as well as other products were not affected by this trouble. Order entering and execution of trades were also not affected, including the Gold Feb09 contract.

Consequently, the Exchange published the market data for the Gold Feb09 contract on its website as
follows:
Closing price and settlement price for Gold Feb09 contract: JPY 2,997
Volume for Gold Feb09 contract: 47,841 contracts