Price Limit and Margin for March 2009

2.24.2009

Margins and Price Limits to be applied for the trades in March 2009 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'09 75,000 37,500 - - 0.3 1.0
APR'09
-SEP'09
75,000 - - 16.0
Gold
(Standard)
APR'09 150,000 75,000 - - 3 8
JUN'09
-FEB'10
150,000 - - 150
Gold
(Mini)
APR'09 20,000 - - - 3 8
JUN'09
-FEB'10
20,000 - - 150
Gold Options All series   75,000 - - - 3 8
75,000 - - 150
Silver APR'09 99,000 49,500 - - 0.7 2.0
JUN'09
-FEB'10
99,000 - - 40.0
Platinum APR'09 135,000 135,000 - - 3 10
JUN'09
-FEB'10
135,000 - - 300
Platinum
(Mini)
APR'09 36,000 - - - 3 10
JUN'09
-FEB'10
36,000 - - 300
Palladium APR'09 45,000 45,000 - - 3 10
JUN'09
-FEB'10
45,000 - - 80
Crude Oil MAR'09 210,000 - - - 30 200
APR'09
-AUG'09
210,000 - - 3,600
Gasoline APR'09 210,000 105,000 - - 30 200
MAY'09
-OCT'09
210,000 - - 3,600
Kerosene APR'09 210,000 105,000 - - 30 200
MAY'09
-OCT'09
210,000 - - 3,600
Aluminum APR'09 60,000 30,000 - - 0.5 1.2
JUN'09
-FEB'10
 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 2009 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after March 26, 2009.  
* For the May 2009 contracts of Gasoline and Kerosene, Spot Month Additional Clearing Margins (Gasoline: JPY 105,000, Kerosene: JPY 105,000) shall be required on and after March 26, 2009.     

 <Price Limit>  
* No price limit will be imposed on and after March 26, 2009 for the April 2009 contract of Rubber.
* No price limit will be imposed on and after March 26, 2009 for the May 2009 contracts of Gasoline and Kerosene.
* With regards to Palladium, if the final contract price for all or a part of the contract months drops below JPY 400 to within the three hundred yen level, the price limits for Palladium shall be JPY 60 on and after the following business day.

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