Price Limit and Margin for March 2008
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2008.2.26
Margins and Price limits to be applied for the trades in March 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 | Mar 2008 | 60,000 | 30,000 | - | - | 0.3 | 1.0 |
| Apr 2008 -Sep 2008 |
60,000 | - | - | 16.0 | |||
| Gold(Standard) | Apr 2008 | 135,000 | 67,500 | - | - | 3 | 8 |
| June 2008 -Feb 2009 |
135,000 | - | - | 150 | |||
| Gold(Mini) | Apr 2008 | 18,000 | - | - | - | 3 | 8 |
| Jun 2008 -Aug 2008 |
18,000 | - | - | 150 | |||
| Gold Options | Apr 2008 | 67,500 | - | - | 3 | 8 | |
| ALL Series | 67,500 | - | - | 150 | |||
| Silver | Apr 2008 | 99,000 | 49,500 | - | - | 0.7 | 2.0 |
| Jun 2008 -Feb 2009 |
99,000 | - | - | 40.0 | |||
| Platinum | Apr 2008 | 150,000 | 150,000 | - | - | 3 | 10 |
| Jun 2008 -Feb 2009 |
150,000 | - | - | 300 | |||
| Palladium | Apr 2008 | 45,000 | 45,000 | - | - | 3 | 10 |
| Jun 2008 -Feb 2009 |
45,000 | - | - | 100 | |||
| Crude Oil | Mar 2008 | 165,000 | - | - | - | 30 | 200 |
| Apr 2008 -Aug 2008 |
165,000 | - | - | 2,700 | |||
| Gasoline | Apr 2008 | 165,000 | 82,500 | - | - | 30 | 200 |
| May 2008 -Oct 2008 |
165,000 | - | - | 2,700 | |||
| Kerosene | Apr 2008 | 165,000 | 82,500 | - | - | 30 | 200 |
| May 2008 -Oct 2008 |
165,000 | - | - | 2,700 | |||
| Aluminum | Apr 2008 | 60,000 | 30,000 | - | - | 0.5 | 1.2 |
| Jun 2008 -Feb 2009 |
60,000 | - | - | 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 April 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 30,000) shall be required on and after March 26, 2008.
* For the May 2008 contract of Gasoline and Kerosene, Spot Month Additional Clearing Margins (JPY 82,500) shall be required on and after March 26, 2008.
<Price Limit>
* No price limit will be imposed on and after March 26, 2008 for the April 2008 contract of Rubber, as well as the May 2008 contracts of Gasoline and Kerosene.
