Circuit breakers on and after November 4th,2014

10.27.2014

Circuit breakers on and after November 4th, 2014 will be handled as follows for the time being; provided, however, that the Exchange might change the Initial CB Trigger Levels, CB Expansion Amounts, and number of expansion, etc., when it deems necessary.

CB Trigger Levels

     

    Commodity
    (Mini & Options Included)

    Initial CB Trigger Levels
    (also CB Expansion Amounts)

    Operation of CB
    Number of expansion

    Duration of

    a Halt

    Precious Metals Gold . 150 yen 3 times 5 minutes
    Silver . 6.0 yen
    Platinum . 200 yen
    Palladium . 100 yen
    Oil Gasoline . 2,400 yen
    Kerosene . 2,400 yen
    Crude Oil . 2,400 yen
    Gas Oil . 2,400 yen
    Chukyo-Oil Chukyo Gasoline . 2,400 yen
    Chukyo Kerosene . 2,400 yen
    Rubber Rubber 5.0 yen
    Agricultural Product and Sugar Soybean

    From Nov 1,000yen

    Until Oct 1,200 yen

    Twice
    Azuki 350 yen Once
    Corn

    From Nov 400yen

    Until Oct 500 yen

    Twice
    Raw Sugar 2,000 yen

 

1.Process Following a CB Trigger

(1)CB is triggered for each contract month.

(2) For each CB trigger, the trading session will be halted for 5 minutes from the time of the trigger. Trading will then resume with an expanded CB.

(3)From the CB trigger exceeding the number of expansion set forth for each product, trading will resume after a 5-minute halt, but the CB trigger level will not be expanded.

(4)As for the Rubber market, the CB trigger level will not be expanded, in principle, from the fourth CB trigger except for the nearest contract month.

(5)When deemed necessary by the Exchange, however, the halt period and trigger level expansion may be modified.

2.Examples of CB Expansion

(1)Example for Gold (figures are in JPY)


(2)Example for Azuki  (figures are in JPY)

Please click here for present Circuit Breakers Trigger Levels

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