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Price Limit and Margin for October 2008

 

2008.9.26

Margins and Price Limits to be applied for the trades in October 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  OCT'08
75,000
37,500
-
-
0.3 1.0
NOV'08
-APR'09
75,000
-

-

16.0

Gold

(Standard)

OCT'08
135,000
67,500
-
-
3 8
DEC'08
-OCT'09
135,000
- -
150

Gold

(Mini)

OCT'08

18,000

-
-
-
3 8
DEC'08
-OCT'09
18,000
- -
150

Gold Options

All series

  67,500

- -

150

3 8
Silver OCT'08
108,000
54,000

-

-
0.7 2.0
DEC'08
-OCT'09
108,000
- -
40.0
Platinum OCT'08
150,000
150,000

-

-
3 10
DEC'08
-OCT'09
150,000
-

-

300
Palladium OCT'08
60,000
60,000
-
-
3 10
DEC'08
-OCT'09
60,000
- -
100
Crude Oil

OCT'08

210,000
- -
-
30 200
NOV'08
-MAR'09
210,000
- - 3,600
Gasoline
NOV'08
210,000
105,000
- - 30 200

DEC'08
-MAY'09

210,000
- -
3,600
Kerosene
NOV'08
210,000
105,000
- - 30 200

DEC'08
-MAY'09

210,000
- -
3,600
Aluminum OCT'08
75,000
37,500

-

-
0.5 1.2
DEC'08
-OCT'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 November 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after October 28, 2008.  
* For the December 2008 contract of Gold (except Gold Mini and Gold Options), Silver, Platinum and Palladium, Spot Month Additional Clearing Margins (Gold: JPY 67,500, Silver: JPY 54,000, Platinum: JPY 150,000, Palladium: JPY 60,000) shall be required on and after October 29, 2008.  
* For the December 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 October 27, 2008.    
* For the December 2008 contract of Aluminum, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after October 29, 2008.                                                                                                      

 <Price Limit>  
* No price limit will be imposed on and after October 28, 2008 for the November 2008 contract of Rubber.
* No price limit will be imposed on and after October 27, 2008 for the December 2008 contracts of Gasoline and Kerosene.
* No price limit will be imposed on and after October 29, 2008 for the December 2008 contract of Gold, Silver, Platinum, Palladium and Aluminum.

 

 

 

 

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