Exchange
Trading Hours
Price Quotation
Contract Size
Contract Months |
The Tokyo Commodity Exchange
Morning Session 9:00-11:00
Afternoon Session 12:30-17:30
0.1 yen per 10 gram (Equivalent to 600yen per contract)
Until August contract: 1 contract = 60 kilogram (Delivery size = 60 kilogram)
From October contract: 1 contract = 30 kilogram (Delivery size = 30 kilogram)
All even months within a year |
| Standard Initial Margin |
The amount multiplied price limit range by multiplying factor plus 50% of equivalent amount thereof.
It is set up monthly as minimum margin. |
| Maximum Price Fluctuation |
The amount set up monthly to reflect price fluctuation for a nearest fixed period.
When final contract prices for three or more contract months have reached the price limit in the same direction, the Daily Price Fluctuation Limit for all contract months except the current contract month shall remain in effect as long as the final contract prices for three or more months reach the ordinary price limit.
In case the number of contract months hitting the ordinary price limit has not reached three, the expanded price limit will return to the ordinary price limit.
|
Commission Fee
(in case of ordering with assistant salesperson)
|
Until August contract:
| 300yen - Less than 350yen |
..... |
8,295yen |
| 350yen - Less than 400yen |
..... |
9,345yen |
| 400yen - Less than 450yen |
..... |
10,395yen |
| 450yen - Less than 500yen |
..... |
11,445yen |
| Less than 100yen |
..... |
3,045yen |
1,050yen will be added for every 50yen increase in contract price.
From October contract:
Regardless of contract price ..... 5,250yen
Note: For day trading, above fee will be the round turn fee.
For Online Trading (Romanhikoh)
950 yen par lot (round turn)
For intraday trading, the commission is as low as 475 yen!
*For those who reside in Japan shall be subject to collect consumption tax which is 46yen (total 996yen per lot for round turn) or 23yen (total 498yen per lot for round turn for day trading). |