Price Limit and Margin for February 2008
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2008.1.28
Margins and Price limits to be applied for the trades in February 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 | Feb 2008 | 60,000 | 30,000 | - | - | 0.3 | 1.0 |
| Mar 2008 -Aug 2008 |
60,000 | - | - | 16.0 | |||
| Gold(Standard) | Feb 2008 | 120,000 | 60,000 | - | - | 3 | 8 |
| Apr 2008 -Feb 2009 |
120,000 | - | - | 150 | |||
| Gold(Mini) | Feb 2008 | 16,000 | - | - | - | 3 | 8 |
| Apr 2008 -Aug 2008 |
16,000 | - | - | 150 | |||
| Gold Options | ALL Series | 60,000 | - | - | 150 | 3 | 8 |
| Silver | Feb 2008 | 108,000 | 54,000 | - | - | 0.7 | 2.0 |
| Apr 2008 -Feb 2009 |
108,000 | - | - | 40.0 | |||
| Platinum | Feb 2008 | 100,000 | 100,000 | - | - | 3 | 10 |
| Apr 2008 -Feb 2009 |
100,000 | - | - | 240 | |||
| Palladium | Feb 2008 | 30,000 | 30,000 | - | - | 3 | 10 |
| Apr 2008 -Feb 2009 |
30,000 | - | - | 80 | |||
| Crude Oil | Feb 2008 | 150,000 | - | - | - | 30 | 200 |
| Mar 2008 -Jul 2008 |
150,000 | - | - | 2,700 | |||
| Gasoline | Mar 2008 | 150,000 | 75,000 | - | - | 30 | 200 |
| Apr 2008 -Sep 2008 |
150,000 | - | - | 2,700 | |||
| Kerosene | Mar 2008 | 150,000 | 75,000 | - | - | 30 | 200 |
| Apr 2008 -Sep 2008 |
150,000 | - | - | 2,700 | |||
| Aluminum | Feb 2008 | 60,000 | 30,000 | - | - | 0.5 | 1.2 |
| Apr 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 March 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 30,000) shall be required on and after February 26, 2008.
* For the April 2008 contract of Gold (except Gold Mini & Gold Options), Silver, Platinum and Palladium, Spot Month Additional Clearing Margins (Gold: JPY 60,000 Silver: JPY54,000 Platinum: JPY100,000 Palladium: JPY30,000) shall be required on and after February 27, 2008.
* For the April 2008 contract of Gasoline and Kerosene, Spot Month Additional Clearing Margins (JPY 75,000) shall be required on and after February 26, 2008.
*For the April 2008 contract of Aluminum, Spot Month Additional Clearing Margins (JPY30,000) shall be required on and after February 27, 2008.
<Price Limit>
* No price limit will be imposed on and after February 26, 2008 for the March 2008 contract of Rubber and the April 2008 contracts of Gasoline and Kerosene, as well as on and after February 27, 2008 for the April 2008 contracts of Gold, Silver, Platinum, Palladium and Aluminum.
