Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange: Price Limit And Margin For June 2008

Date 28/05/2008

Margins and Price Limits to be applied for the trades in June 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  Jun 2008
75,000
37,500
-
-
0.3 1.0
Jul 2008
-Dec 2008
75,000
-

-

16.0

Gold

(Standard)

Jun 2008
135,000
67,500
-
-
3 8
Aug 2008
-Jun 2009
135,000
- -
150

Gold

(Mini)

Jun 2008

18,000

-
-
-
3 8
Aug 2008
-Dec 2008
18,000
- -
150

Gold Options

All other
series

  67,500

- -

150

3 8
Silver Jun 2008
108,000
54,000

-

-
0.7 2.0
Aug 2008
-Jun 2009
108,000
- -
40.0
Platinum Jun 2008
150,000
150,000

-

-
3 10
Aug 2008
-Jun 2009
150,000
-

-

300
Palladium Jun 2008
60,000
60,000
-
-
3 10
Aug 2008
-Jun 2009
60,000
- -
100
Crude Oil

Jun 2008

180,000
- -
-
30 200
Jul 2008
-Nov 2008
180,000
- - 2,700
Gasoline
Jul 2008
180,000
90,000
- - 30 200

Aug 2008
-Jan 2009

180,000
- -
2,700
Kerosene
Jul 2008
210,000
105,000
- - 30 200

Aug 2008
-Jan 2009

210,000
- -
3,600
Aluminum Jun 2008
75,000
37,500

-

-
0.5 1.2
Aug 2008
-Jun 2009
75,000
- -
16.0

*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

<Spot Month Additional Clearing Margin>  
* For the July 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after June 25, 2008.  

* For the August 2008 contracts of Gold (except Gold Mini and Gold Options), Silver, Platinum,and Palladium, Spot Month Additional Clearing Margins (Gold standard: JPY 67,500, Silver: JPY 54,000, Platinum: JPY 150,000, Palladium: JPY 60,000) shall be required on and after June 26, 2008.  

 * For the August 2008 contracts of Gasoline and Kerosene, Spot Month Additional Clearing Margins (Gasoline: JPY 90,000, Kerosene: JPY 105,000) shall be required on and after June 26, 2008.

* For the August 2008 contract of Aluminium, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after June 26, 2008.
                                                                                                                                                               

 <Price Limit>  
* No price limit will be imposed on and after June 25, 2008 for the July 2008 contract of Rubber, as well as the August 2008 contracts of Gasoline, Kerosene, Gold, Silver, Platinum,and Palladium and Aluminium on and after June 26, 2008.