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- If the final contract prices of 3 or more Non-GMO Soybean futures contract months reach the upper or lower price limit in the same direction on 3 consecutive business day, in principle, the daily price limits applicable to all contract months on the next business day will be increased by 100%, and the Exchange will additionally collect extraordinary margin of the amount equal to 50% of the Minimum Initial Margins for newly established positions of all contract months from the following business day.
- After the above measures are applied, if the final contract prices of all Non-GMO Soybean futures contract months after the subsequent business day are established within the price limit (including the case when trades are executed at the upper or lower limit price in both directions*), in principle, the daily price limit applicable to all contract months on the subsequent business day revert back to the original price limit, and the Exchange will lift the location of the extraordinary margin specified (1) above.
*Not including cases when trades are executed by the drawing and allocation of lots.
This Advisory Notices shall take effect on March 3, 2008.
