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View Full Version : Tokyo Commodity Exchange: Extraordinary Clearing Margin For Silver



Tcent
24th March 2008, 21:12
With regards to the Silver Market, since the final contract prices for three or more contract months (excluding contract months with no applicable price limit) have reached the price limit in the same direction for two consecutive business days, based on item 3.4.2 of the Regulations Governing Management of the Precious Metals Market, deposit of the below Extraordinary Margin is required.

1/ Commodity: Silver

2/ Starting date: deposits are required on new positions on and after March 25, 2008.

3/ Amount: JPY 60,000 per lot


Does this mean someone is starting to do something about the manipulation of the Silver Market?

http://www.mondovisione.com/index.cfm?section=news&action=detail&id=73473

Tcent
25th March 2008, 16:50
oh well, good luck to eveybody.