| Date Trading Began |
August 8, 2011 |
| Contract Unit |
6,000 kilograms (100 hyo=200 bags) |
| Delivery Unit |
12,000 kilograms (200 hyos=400 bags) |
| Trading Hours |
(Continuous Trading)
Day Session (8:30 〜 ) 9:00 〜 15:30
Night Session (16:45 〜 ) 17:00 〜 19:00
The time in the parenthesis is when orders are accepted.
* 〜 15:30 on the last trading day of the spot month. |
| Contract Months |
6 consecutive months |
| Price Quotation |
Yen per bag (net weight 60 kilograms) |
| Minimum Fluctuation |
10 yen per bag (600 yen per contract) |
| Position Limits |
Maximum long or short positions for each contract month:
|
Members |
Non-Members |
Managed Funds |
Omnibus
Accounts |
| Spot month for July and August contract months |
300 |
100 |
100 |
100 |
| Spot month |
600 |
300 |
300 |
300 |
| 2nd month |
1,000 |
500 |
1,000 |
1,000 |
| 3rd month |
2,000 |
1,000 |
2,000 |
2,000 |
| 4th and onward months |
3,000 |
2,000 |
3,000 |
3,000 |
|
* Non-domestic customers who trade through omnibus accounts should contact their Broker for position limits. |
| Last Trading Day |
20th of each spot month |
| Delivery Day |
5 business day following the last trading day |
| Delivery System |
1) Warehouse receipt 2) Procedures agreed upon by the parties taking/making delivery (delivery orders) |
| Standard Grade |
Nonglutinous brown rice in the current crop year with grade 1 criteria
that has been product tested as specified under the Agricultural Products Inspection Act
(net weight of 30kg of rice packed in a paper bag) and is capable of providing recorded information on production
based upon the Rice Traceability Act. Kanto Plain Koshihikari (produced in the Ibaraki, Tochigi and Chiba prefectures) |
| Deliverable Grades |
Koshihikari (produced in the prefectures of Ibaraki, Tochigi, Chiba, Fukushima (Aizu), Fukushima (Nakadoori), Fukushima (Hamadoori), Niigata, Toyama, Ishikawa, Fukui and Nagano).
Hitomebore (produced in Iwate and Miyagi prefectures), Akita Komachi (produced in Akita prefecture), Yamagata Haenuki, Hokkaido Nanatsuboshi, Kirara 397
Aomori Tsugaru Roman and Aomori Masshigura. Total of 19 brands |
| Delivery Points |
1) Exchange designated warehouses in the Tokyo, Kanagawa prefecture, Saitama Prefecture, Chiba Prefecture, Ibaraki prefecture and Tochigi prefecture areas.
2) Delivery points that are agreed upon by the parties taking/making delivery. |
|