Price Limit and Margin for July 2008
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2008.6.25
Margins and Price Limits to be applied for the trades in July 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 | JUL'08 | 75,000 | 37,500 | - | - | 0.3 | 1.0 |
| AUG'08 -JAN'09 |
75,000 | - | - | 16.0 | |||
| Gold (Standard) |
AUG'08 | 135,000 | 67,500 | - | - | 3 | 8 |
| OCT'08 -JUN'09 |
135,000 | - | - | 150 | |||
| Gold (Mini) |
AUG'08 | 18,000 | - | - | - | 3 | 8 |
| OCT'08 -JUN'09 |
18,000 | - | - | 150 | |||
| Gold Options | AUG'08 | 67,500 | - | - | - | 3 | 8 |
| All other series | 67,500 | - | - | 150 | |||
| Silver | AUG'08 | 108,000 | 54,000 | - | - | 0.7 | 2.0 |
| OCT'08 -JUN'09 |
108,000 | - | - | 40.0 | |||
| Platinum | AUG'08 | 150,000 | 150,000 | - | - | 3 | 10 |
| OCT'08 -JUN'09 |
150,000 | - | - | 300 | |||
| Palladium | AUG'08 | 60,000 | 60,000 | - | - | 3 | 10 |
| OCT'08 -JUN'09 |
60,000 | - | - | 100 | |||
| Crude Oil | JUL'08 | 180,000 | - | - | - | 30 | 200 |
| AUG'08 -DEC'08 |
180,000 | - | - | 2,700 | |||
| Gasoline | AUG'08 | 180,000 | 90,000 | - | - | 30 | 200 |
| SEP'08 -FEB'09 |
180,000 | - | - | 2,700 | |||
| Kerosene | AUG'08 | 210,000 | 105,000 | - | - | 30 | 200 |
| SEP'08 -FEB'09 |
210,000 | - | - | 3,600 | |||
| Aluminum | AUG'08 | 75,000 | 37,500 | - | - | 0.5 | 1.2 |
| OCT'08 -JUN'09 |
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 August 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after July 28, 2008.
* For the September 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 July 28, 2008.
<Price Limit>
* No price limit will be imposed on and after July 28, 2008 for the August 2008 contract of Rubber.
* No price limit will be imposed on and after July 28, 2008 for the September 2008 contract of Gasoline and Kerosene.
