Price Limit and Margin for August 2008

2008.7.29

Margins and Price Limits to be applied for the trades in August 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  AUG'08 75,000 37,500 - - 0.3 1.0
SEP'08
-FEB'09
75,000 - - 16.0
Gold
(Standard)
AUG'08 135,000 67,500 - - 3 8
OCT'08
-AUG'09
135,000 - - 150
Gold
(Mini)
AUG'08 18,000 - - - 3 8
OCT'08
-AUG'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
-AUG'09
108,000 - - 40.0
Platinum AUG'08 150,000 150,000 - - 3 10
OCT'08
-AUG'09
150,000 - - 300
Palladium AUG'08 60,000 60,000 - - 3 10
OCT'08
-AUG'09
60,000 - - 100
Crude Oil AUG'08 210,000 - - - 30 200
SEP'08
-JAN'09
210,000 - - 3,600
Gasoline SEP'08 210,000 105,000 - - 30 200
OCT'08
-MAR'09
210,000 - - 3,600
Kerosene SEP'08 210,000 105,000 - - 30 200
OCT'08
-MAR'09
210,000 - - 3,600
Aluminum AUG'08 75,000 37,500 - - 0.5 1.2
OCT'08
-AUG'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 September 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after August 26, 2008. 
* For the October 2008 contracts of Gold (except Gold Mini and Gold Options), Silver, Platinum and Palladium, Spot Month Additional Clearing Margins (Gold standard: JPY 67,500, Silver: JPY 54,000, Platinum: JPY 150,000, Palladium: JPY 60,000) shall be required on and after August 27, 2008.  
* For the October 2008 contracts of Gasoline and Kerosene, Spot Month Additional Clearing Margins (Gasoline: JPY 105,000, Kerosene: JPY 105,000) shall be required on and after August 26, 2008.
* For the October 2008 contract of Aluminum, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after August 27, 2008.

<Price Limit>
* No price limit will be imposed on and after August 26, 2008 for the September 2008 contract of Rubber.
* No price limit will be imposed on and after August 26, 2008 for the October 2008 contracts of Gasoline and Kerosene.
* No price limit will be imposed on and after August 27, 2008 for the October 2008 contracts of Gold, Silver, Platinum, Palladium and Aluminum.

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