Price Limit and Margin for January 2007
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2006.12.27
Margins and price limits to be applied for the trades in January 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 | Jan 2007 | 75,000 | 37,500 | - | - | 0.3 | 1.0 |
| Feb 2007- Jul 2007 |
75,000 | - | - | 10.0 | |||
| Gold | Feb 2007 | 90,000 | 45,000 | - | - | 3 | 8 |
| Apr 2007- Dec 2007 |
90,000 | - | - | 60 | |||
| Gold Options | All series |
45,000 | - | - | 60 | 3 | 8 |
| Silver | Feb 2007 | 162,000 | 81,000 | - | - | 0.7 | 2.0 |
| Apr 2007- Aug 2007 |
162,000 | - | - | 18.0 | |||
| Oct 2007- Dec 2007 |
81,000 | - | - | ||||
| Platinum | Feb 2007 | 75,000 | 75,000 | - | - | 3 | 10 |
| Apr 2007- Dec 2007 |
75,000 | - | - | 100 | |||
| Palladium | Feb 2007 | 45,000 | 45,000 | - | - | 3 | 10 |
| Apr 2007- Dec 2007 |
45,000 | - | - | 60 | |||
| Crude Oil | Jan 2007 | 90,000 | - | - | - | 30 | 200 |
| Feb 2007- Jun 2007 |
90,000 | - | - | 1,200 | |||
| Gasoline | Feb 2007 | 135,000 | 67,500 | - | - | 30 | 200 |
| Mar 2007- Aug 2007 | 135,000 | - | - | 1,800 | |||
| Kerosene | Feb 2007 | 135,000 | 67,500 | - | - | 30 | 200 |
| Mar 2007- Aug 2007 | 135,000 | - | - | 1,800 | |||
| Aluminum | Feb 2007 | 120,000 | 60,000 | - | - | 0.5 | 1.2 |
| Apr 2007- Aug 2007 |
120,000 | - | - | 8.0 | |||
| Oct 2007- Dec 2007 |
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
<Spot Month Additional Trading Margin>
* For March 2007 contracts of Gasoline and Kerosene, Spot Month Additional Trading Margins
(JPY67,500 for each) shall be required on and after January 26, 2007.
* For the February 2007contract of Rubber, Spot Month Additional Trading Margins (JPY37,500) shall be required on and after January 26, 2007.
<Price Limit>
* For March 2007 contracts of Gasoline, Kerosene, as well as for the February 2007contract of Rubber, no price limit will be imposed on and afterJanuary 26, 2007.
