Exchange
Trading Hours
Index Value
Price Quotation
Contract Size
Contract Months
|
Kansai Commodities Exchange
Morning Session:
1st session=9:20 2nd session=10:20 3rd session=11:20
Afternoon Session:
1st session=13:20 2nd session=14:20 3rd session=15:20
The standard point is 1,000 which is equivalent to annual average prices
of TGE Arabica and Robusta Coffee from April, 2000 to March, 2001 (TGE
Arabica Coffee=12,022yen and TGE Robusta Coffee=8,233yen). The index value
is calculated by the following; divide certain day TGE Arabica and Robusta
Coffee prices by the above annual average prices of each commodity, then
multiply those numbers by 1,000, add those calculated numbers and divide
the number by 2 (round off the number to integer number).
Until May, 2007 : 1 point (1,000yen)
From July, 2007 :
1 point ( 500yen)
Until May, 2007:
1 lot (point *1,000yen)
From July, 2007 :
1 lot (point*500yen)
All odd months within a year
|
| Standard Initial Margin |
When the market is
| |
Until May, 2007 |
From July, 2007 |
| Less than 1,000points |
45,000yen |
30,000yen |
| 1,000points - Less than 1,700points |
60,000yen |
45,000yen |
| 1,700points and over |
75,000yen |
60,000yen |
Note: Margin is decided and announced by the Exchange. |
| Maximum Price Fluctuation |
When the market is
| |
Until May, 2007 |
From July, 2007 |
| Less than 1,000points |
30points
|
40points |
| 1,000points - Less than 1,700points |
40points |
60points |
| 1,700points and over |
50points |
80points |
Note: Maximum Points Fluctuation is decided and announced by the Exchange. |