1. CB Trigger Levels
Commodity (Mini & Options Included) |
Initial CB
Trigger Levels (also CB Expansion Amounts) |
---|---|
Gold | 100 |
Silver_[ APR
’10 - OCT '10 ]
|
25.0 |
Silver_[ DEC '10
- APR '11 ]
|
2.5 |
Platinum | 200 |
Palladium | 60 |
Aluminum | 10.0 |
Gasoline | 2,400 |
Kerosene | 2,400 |
Crude Oil | 2,400 |
Rubber | 10.0 |
Commodity Index | 10.0 * |
2. Process Following a CB Trigger
(1) All Commodities Except Rubber
(a) For the first, second and third 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.
Example for Gold (figures are in JPY):
* CB Trigger Level after First Trigger = 100 (initial trigger level) + 100
(expansion amount) = 200
* CB Trigger Level after Second Trigger = 200 (previous trigger level) + 100
(expansion amount) = 300
* CB Trigger Level after Third Trigger = 300 (previous trigger level) + 100
(expansion amount) = 400
(b) From the fourth CB trigger, trading will resume after a 5-minute halt,
but the CB trigger level will not be expanded (for the gold example above,
the CB trigger level will stay at JPY 400). However, when deemed
necessary by the Exchange, the halt period and trigger level expansion may
be modified.
(2) Rubber
(a) For the first 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.
* CB Trigger Level after First Trigger = 10 (initial trigger level) + 10
(expansion amount) = 20
(b) From the second CB trigger, trading will resume after a 5-minute halt,
but the CB trigger level will not be expanded (the CB trigger level will
stay at JPY 20). However, when deemed necessary by the Exchange, the
halt period and trigger level expansion may be modified.