Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange Price Limit And Margin For August 2007

Date 27/07/2007

Margins and price limits to be applied for the trades in August 2007 are as follows: (Unit: JPY)

Commodity

Contract Month

Initial*1

Spot Month*2

Extra-ordinary*3

Price Limit

EPR*4
(+/-RP*5)

WPR*6 (+/-
R P*5)

Rubber

Aug 2007

75,000

 37,500

-

-

0.3

1.0

Sep 2007-
Feb 2008

75,000

-

-

10.0

Gold
(Standard)

Aug 2007-
 90,000   45,000
-
-
3
8

Oct 2007-
Aug 2008

  90,000

-

-

120

Gold
(Mini)

Aug 2007-
Feb 2008
 12,000
-
-
120 3 8

Gold Options

 All series

  45,000

        -  

-

120

3

 8

Silver
Aug 2007
 162,000    81,000
-
-

  0.7

2.0

  Oct 2007-
Aug 2008

81,000
-
-
18.0
Platinum
Aug 2007
 75,000    75,000
-
-
3
10
Oct 2007-
Aug 2008
 75,000

-

-

100
Palladium
Aug 2007
 45,000    45,000
-
-

3

10

Oct 2007-
Aug 2008
45,000

-

-

60

Crude Oil

Aug 2007
135,000
-
-
-
30
200
Sep 2007
Jan 2008
135,000

-

-

1,800
Gasoline

Sep 2007

135,000

67,500

-

-

30
200

Oct 2007-
Mar 2008

135,000

-

-

1,800

Kerosene

Sep 2007

135,000

67,500

-

-

30
200

Oct 2007-
Mar 2008

135,000

-

-

1,800

Aluminum
Aug 2007
 120,000 60,000
-
-
0.5
1.2

 8.0
  Oct 2007-
Aug 2008
60,000
-
-

*1 Initial : Minimum Initial Trading Margin
*2 Spot Month : Spot Month Additional Trading Margin
*3 Extraordinary : Extraordinary Trading Margin
*4 EPR : Executable Price Range
*5 RP: Reference Price
*6 WPR: Warning Point Range

  
* For the September 2007 contract of Rubber, Spot Month Additional Trading Margins (JPY37,500) shall be required on and after August 28, 2007.
* For October 2007 contracts of Gold (except Gold Options), Silver, Platinum, Palladium and Aluminum, Spot Month Additional Trading Margins  (the same amounts required for June 2007 contracts for each commodity) shall be required on and after August 29, 2007.    
* For October 2007 contracts of Gasoline and Kerosene, Spot Month Additional Trading Margins  (JPY675,000 for each) shall be required on and after August 27, 2007.      

   
* No price limit will be imposed on and after August 27, 2007 for the October 2007 contracts of Gasoline and Kerosene, on and after August 28, 2007 for the September 2007 contract of Rubber, and on and after August 29, 2007 for the October 2007 contracts of Gold, Silver, Platinum, Palladium and Aluminum.