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Price Limit and Margin for September 2008

 

2008.8.26

Margins and Price Limits to be applied for the trades in September 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  SEP'08
75,000
37,500
 -
-
 0.3 1.0
OCT'08
-MAR'09
75,000
 -

-
16.0

Gold

(Standard)

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

Gold

(Mini)

 OCT'08

18,000
-
 -
-
 3 8
DEC'08
-AUG'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
-AUG'09
108,000
 - -
40.0
Platinum OCT'08
150,000
150,000

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

-

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

SEP'08
210,000
 - -
-
 30 200
OCT'08
-FEB'09
210,000
 - - 3,600
Gasoline
 OCT'08
210,000
105,000
 - - 30 200

NOV'08
-APR'09
210,000
 - -
3,600
Kerosene
 OCT'08
210,000
105,000
 - - 30 200

NOV'08
-APR'09
210,000
 - -
3,600
Aluminum OCT'08
75,000
37,500

-
-
 0.5 1.2
DEC'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 October 2008 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after September 25, 2008.  
* For the November 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 September 26, 2008.                                                                                                       

 <Price Limit>  
* No price limit will be imposed on and after September 25, 2008 for the October 2008 contract of Rubber.
* No price limit will be imposed on and after September 26, 2008 for the November 2008 contracts of Gasoline and Kerosene.

 

 

 

 

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