Volume Discount for July - September 2009

6. 30. 2009

Special Discount Continues to Apply, Lower Gold and Rubber Thresholds

Tokyo Commodity Exchange, Inc. (“TOCOM” or the “Exchange”) announced today its revised volume discount program from July to September 2009.

    In April, 2009, TOCOM considerably increased the discount amounts for the April to June period as a marketing campaign. The Exchange has decided to maintain these amounts between July and September 2009. As for the rubber contract thresholds, the number of trades within a month is greatly reduced from 30,000 to 20,000 for Tier 1 and from 60,000 to 40,000 for Tier 2. 

1. Tier levels and discount amounts

    When a Member's accumulated transaction volume within a month exceeds the number of trades set forth in Item (1) below, Exchange Fees will be discounted to the trades in excess of each tier as described in Item (2) below.

(1)  Basis of transaction volume within a month

Tier 1

Tier 2

Tier 3

Tier 4

Tier 5

Tier 6

 (Number of trades)

Gold

100,000

200,000

300,000

400,000

500,000

600,000

Silver

2,000

4,000

-

-

-

-

Platinum

20,000

40,000

-

-

-

-

Palladium

2,000

4,000

-

-

-

-

Aluminum

2,000

4,000

-

-

-

-

Gasoline

20,000

40,000

-

-

-

-

Kerosene

20,000

40,000

-

-

-

-

Crude oil

5,000

10,000

-

-

-

-

Rubber

20,000

40,000

-

-

-

-

Gold Mini

100,000

200,000

300,000

400,000

500,000

600,000

Platinum Mini

8,000

16,000

-

-

-

-

(2)  Discount amount per trade

(Total discount amount is calculated by multiplying the relevant discount amount per trade by the number of trades in excess of each tier and aggregating the sub-totals for all tiers)

Above tier 1& below tier 2

Above tier 2 & below tier 3

Above tier 3 & below tier 4

Above tier 4 & below tier 5

Above tier 5 & below tier 6

Above tier 6

Gold Standard

JPY 5

JPY 10

JPY 15

JPY 20

JPY 25

JPY 30

Gold Mini

 JPY 3

JPY 5

JPY 8

JPY 10

JPY 13

JPY 14

Above tier 1& below tier 2

Above tier 2

Other Standard Contracts

JPY 10

JPY 20

Platinum Mini

JPY 5

JPY 9

 

2. Applicable period
From July 1 to September 30 2009

<About the “Volume Discount Program”>
    Under the volume discount program, a Member receives a discount on the Exchange Fee (i.e: a fee on the Member’s transaction volume within a month payable to the Exchange) when its accumulated transaction volume within a month exceeds the number of trades set forth by the Exchange. This program aims at increasing market liquidity by promoting trading from existing market participants and encouraging the entry of new participants. TOCOM has launched this program in March 2008.


TOP