Platinum Mini

Posted By Steve On Sunday, December 27th, 2009 With 0 Comments
Exchange Tokyo Commodity Exchange
Type Commodity
Underlying Platinum 99.95% purity
Currency Japanese Yen (JPY)
Contract Size 100 grams (approximately 3.215 troy ounces)
Tick Size 1.0
Tick Value 500 JPY
Pre-Open 1
Trading Session 1 09:00 to 15:30
Pre-Open 2
Trading Session 2
Pre-Open T+1
Trading Session T+1 17:00 – 23:00
Last Trading Day The third business day prior to the Delivery Day.
Final Settlement Day Same as the Last Trading Day
Final Settlement Price Last Settlement Price of the Platinum Standard on the Last Trading Day of the current contract month
Settlement Type Cash
Deliverable Grade Not applicable
Delivery Point Not applicable
Delivery Method Not applicable
Contract Months All even months within a year. Feb, Apr, Jun, Aug, Oct, Dec
First Trading Day Trading session on the business day following the Last Trading Day of the current contract month.
Position Limit Customers excluding commercials and investment funds:
1st contract month in an even month: 200 contracts
1st contract month in an odd month: 300 contracts
2nd contract month: 400 contracts
All contract months combined: 7,000 contracts

Commercials and investment funds:
1st contract month in an even month: 1,800 contracts
1st contract month in an odd month: 2,100 contracts
2nd contract month: 3,600 contracts
All contract months combined: 30,000 contracts

Block Size
Initial Margin (outright) Varies
Maintenance Margin (outright) Varies
Clearinghouse Margin (outright)  
Listed Spread No
Initial Margin (spread)  
Maintenance Margin (spread)  
Clearinghouse Margin (spread)  
Daily Price Limit Varies. It’s based on the settlement price of the previous clearing period
Options No
Exchange Symbol 17
Reuters Symbol TCE/JPM
Bloomberg Symbol MJAA
ISIN Symbol  
SEDOL  
Notes  

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