Rubber
Exchange | Tokyo Commodity Exchange |
Type | Commodity |
Underlying | Ribbed Smoked Sheet (RSS) No.3 |
Currency | Japanese Yen (JPY) |
Contract Size | 5,000 kg (5 tonnes) |
Tick Size | 0.1 |
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 fourth business day preceding to the Delivery Day |
Delivery Day | The last day of each even month except December (the 28th for December). If the day is a holiday or a half-day holiday, Delivery Day is the preceeding business day. |
Final Settlement Price | |
Settlement Type | Physical |
Deliverable Grade | RSS No.3 or 4 of International Standard Specifications, deliverable within a year of date of customs clearance. 10,000 kg (10tonnes) (Delivery unit = 2 contract units) |
Delivery Point | Specified warehouses located within Tokyo, Kanagawa, Chiba, Ibaragi and Aichi |
Delivery Method | The Party Making Delivery submits to the Exchange a warehouse receipt, issued by a TOCOM-designated warehouse. The Party Taking Delivery submits to the Exchange the Delivery Value based on the delivery price. |
Contract Months | Six consecutive months |
First Trading Day | Trading session on the business day following the Last Trading Day of the current contract month. |
Position Limit | Customers excluding commercials (*1) and investment funds: Current contract month: 200 contracts 2nd contract month: 600 contracts All contract months combined: 10,000 contracts Commercials and investment funds: Current contract month: 300 contracts 2nd contract month: 600 contracts All contract months combined: 10,000 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 | 81 |
Reuters Symbol | TCE/JRU |
Bloomberg Symbol | JNA |
ISIN Symbol | |
SEDOL | |
Notes |