Price Limit and Margin for May 2008
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2008.4.24
Margins and Price Limits to be applied for the trades in May 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 | May 2008 | 75,000 | 37,500 | - | - | 0.3 | 1.0 |
| Jun 2008 -Nov 2008 |
75,000 | - | - | 16.0 | |||
| Gold(Standard) | Jun 2008 | 135,000 | 67,500 | - | - | 3 | 8 |
| Aug 2008 -Apr 2009 |
135,000 | - | - | 150 | |||
| Gold(Mini) | Jun 2008 | 18,000 | - | - | - | 3 | 8 |
| Aug 2008 -Oct 2008 |
18,000 | - | - | 150 | |||
| Gold Options | Jun 2008 | 67,500 | - | - | - | 3 | 8 |
| All other series |
67,500 | - | - | 150 | |||
| Silver | Jun 2008 | 108,000 | 54,000 | - | - | 0.7 | 2.0 |
| Aug 2008 -Apr 2009 |
108,000 | - | - | 40.0 | |||
| Platinum | Jun 2008 | 150,000 | 150,000 | - | - | 3 | 10 |
| Aug 2008 -Apr 2009 |
150,000 | - | - | 300 | |||
| Palladium | Jun 2008 | 60,000 | 60,000 | - | - | 3 | 10 |
| Aug 2008 -Apr 2009 |
60,000 | - | - | 100 | |||
| Crude Oil | May 2008 | 180,000 | - | - | - | 30 | 200 |
| Jun 2008 -Oct 2008 |
180,000 | - | - | 2,700 | |||
| Gasoline | Jun 2008 | 180,000 | 90,000 | - | - | 30 | 200 |
| Jul 2008 -Dec 2008 |
180,000 | - | - | 2,700 | |||
| Kerosene | Jun 2008 | 180,000 | 90,000 | - | - | 30 | 200 |
| Jul 2008 -Dec 2008 |
180,000 | - | - | 2,700 | |||
| Aluminum | Jun 2008 | 75,000 | 37,500 | - | - | 0.5 | 1.2 |
| Aug 2008 -Apr 2009 |
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 June 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after May 27, 2008. * For the July 2008 contract of Gasoline and Kerosene, Spot Month Additional Clearing Margins (JPY 90,000) shall be required on and after May 26, 2008.
<Price Limit>
* No price limit will be imposed on and after May 27, 2008 for the June 2008 contract of Rubber, as well as the July 2008 contracts of Gasoline and Kerosene on and after May 26, 2008.
