Tokyo Grain Exchange: Margin Requirements For March 2009

Date 25/02/2009

Decided on February 25, 2009
Effective from March 2, 2009

Commodity Contract Month Minimum Initial Margins Spot Month Margins Extraordinary Margins Total Corn futures May '09 60,000   40,000 100,000 Jul. '09 -Mar. '10 60,000     60,000 Soybean futures Apr. '09 135,000   40,000 175,000 Jun. '09 - Aug. '09 135,000     135,000 Oct. '09 - Feb. '10 27,000     27,000 Non-GMO Soybean futures Apr. '09 45,000   5,000 50,000 Jun. '09 - Feb. '10 45,000     45,000 Azuki futures Mar. '09 *1 42,000   40,000 82,000 *2 42,000 40,000 40,000 122,000 Apr. '09 42,000   20,000 62,000 May '09 - Sep. '09 42,000     42,000 Raw Silk Mar. '09 *1 13,000   20,000 33,000 *2 13,000 20,000 20,000 53,000 Apr. '09 13,000   10,000 23,000 May '09 - Sep. '09 13,000     13,000 Arabica Coffee futures Mar. '09 75,000 40,000 40,000 155,000 May '09 - Mar. '10 75,000     75,000 Robusta Coffee futures Mar. '09 75,000 40,000 40,000 155,000 May '09 - Mar. '10 75,000     75,000 Raw Sugar futures May '09 75,000 40,000   115,000 Jul. '09 - Mar. '10 75,000     75,000 Refined White Soft Sugar futures Mar. '09 60,000 10,000   70,000 Apr. '09 - Aug. '09 60,000     60,000 Commodity Contract Month Minimum Initial Margins Spot Month Margins Extraordinary Margins Total

( unit : yen )

*1 Effective with the opening of business on March 2, 2009. *2 Effective with the opening of business on March 16, 2009.

NOTE

1. Standard amount for Minimum Initial Margins for Members (including Broker Members) shall be half of the amounts listed above. 2. In the case the Customer Initial Margin is set higher than the amount of Minimum Margins written in this table, calculation should be made accordingly and written the 'Total' column of this table.

 

Daily Price Limits for March 2009

Commodity		Daily Price Limit	Commodity	Daily Price Limit
Corn futures		1,000	Raw Silk	140
Soybean futures	Apr. '09 - Aug. '09	1,800	Arabica Coffee futures	1,000
	Oct. '09 - Feb. '10	1,800	Robusta Coffee futures	1,000
Non-GMO Soybean futures		3,000	Raw Sugar futures	1,000
Azuki futures		350	Refined White Soft Sugar futures	2.50

( unit : yen )

Go to the margin requirements for the previous month