Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange: Price Limit And Margin For January 2008

Date 26/12/2007

Margins and Price limits to be applied for the trades in January 2008 are as  follows: (Unit: JPY)

Commodity

Contract Month

Initial*1 Spot Month*2 Extra-ordinary*3 Price Limit

EPR*4(+/-Ref. Price*5)

WPR*6(+/-Ref. Price)
Rubber Jan 2008
60,000
30,000
-
-
0.3 1.0
Feb 2008
-Jul 2008
60,000
-

-

8.0

Gold

(Standard)

Feb 2008
105,000
52,500
-
-
3 8
Apr 2008
-Dec 2008
105,000
- -
120

Gold

(Mini)

Feb 2008

14,000

-
-
-
3 8
Apr 2008
-Jun 2008
14,000
- -
120
Gold Options
Feb 2008 52,500 - - - 3 8
Others 52,500 - - 120
Silver Feb 2008
99,000
49,500

-

-
0.7 2.0
Apr 2008
-Dec 2008
99,000
- -
22.0
Platinum Feb 2008
90,000
90,000

-

-
3 10
Apr 2008
-Dec 2008
90,000
-

-

120
Palladium Feb 2008
30,000
30,000
-
-
3 10
Apr 2008
-Dec 2008
30,000
- -
40
Crude Oil

Jan 2008

135,000
- -
-
30 200
Feb 2008
-Jun 2008
135,000
- - 2,700
Gasoline
Feb 2008
135,000
67,500
- - 30 200

Mar 2008
-Aug 2008

135,000
- -
2,700
Kerosene
Feb 2008
135,000
67,500
- - 30 200

Mar 2008
-Aug  2008

135,000
- -
2,700
Aluminum Feb 2008
60,000
30,000

-

-
0.5 1.2
Apr 2008
-Dec 2008
60,000
- -
8.0

*1 Initial : Maintenance Amount for Initial Clearing Margin
*2 Spot Month : Spot Month Additional Clearing Margin
*3 Extraordinary : Extraordinary Clearing Margin
*4 EPR : Executable Price Range
*5 RP: Reference Price
*6 WPR: Warning Point Range

  
* For the February 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 30,000) shall be required on and after January 28, 2008.
* For the March 2008 contract of Gasoline and Kerosene, Spot Month Additional Clearing Margins (JPY 67,500) shall be required on and after January 28, 2008.

   
* No price limit will be imposed on and after January 28, 2008 for the Feburuary 2008 contract of Rubber, as well as on and after January 28, 2008 for the March 2008 contracts of Gasoline and Kerosene.