[English Translation]

REGULATIONS FOR TRADING REGISTRATION FEESAND OTHER CHARGESTOKYO FINANCIAL EXCHANGE INC.

(This is an English translation of the Regulations for Trading Registration Fees and Other
Charges, the original of which has been prepared in the Japanese language only. The
Japanese language text hereof shall govern for all purposes and in all respects.
Accordingly, all questions that may arise within or without courts of law in regard to themeaning of the words, provisions and stipulations of these Regulations shall be decided inaccordance with the Japanese language text. Tokyo Financial Exchange Inc. (“TFX”)
assumes no responsibility for accuracy, correctness or contents of this English text.)

Regulations for Trading Registration Fees and Other Charges

Table of Contents
Page
CHAPTER I. GENERAL PROVISIONS........................................................................... 1
Article 1.
Purpose .................................................................................................... 1
CHAPTER II. TRADING REGISTRATION FEE ............................................................ 1
Article 2.
Trading Registration Fee ......................................................................... 1
CHAPTER III. EXCHANGE FEE ..................................................................................... 3
Article 3.
Monthly Exchange Fee ............................................................................ 3
Article 4.
Per-contract Exchange Fee ...................................................................... 4
Article 4-2. Access Fee ............................................................................................. 15
Article 4-2-2. Market Facility Usage Fee..................................................................... 16
Article 4-3. Trading ID Fee .......................................................................................... 17
Article 4-4. Give-up Fee ........................................................................................... 18
Article 4-5. Charging of Exchange Fee to FX Market Makers and Equity Index
Market Makers, etc. ...................................................................................................... 18
Article 4-6. Change, etc. to Exchange Fee ................................................................ 18
CHAPTER IV. TRADING DEREGISTRATION FEE, ETC. ........................................... 19
Article 5.
Trading Deregistration Fee .................................................................... 19
Article 6.
Name Transfer Charge ........................................................................... 21
CHAPTER V. CLEARING REGISTRATION FEE ......................................................... 22
Article 7.
Clearing Registration Fee ...................................................................... 22
CHAPTER VI. CLEARING DEREGISTRATION FEE, ETC. ....................................... 23
Article 8.
Clearing Deregistration Fee ................................................................... 23
Article 8-2. Name Transfer Fee ................................................................................ 23
CHAPTER VII. POSITION TRANSFER FEE ................................................................ 24
Article 9.
Position Transfer Fee ............................................................................. 24
CHAPTER VII-II. INACTIVITY FEE............................................................................. 25
Article 9-2. Inactivity Fee ............................................................................................ 25

Regulations for Trading Registration
Fees and Other Charges

1CHAPTER VIII. MISCELLENEOUS ............................................................................. 25
Article 10. Consumption Tax, etc. ........................................................................... 25
SUPPLEMENTARY PROVISIONS ................................................................................... 25

Regulations for Trading Registration
Fees and Other Charges

2Regulations for Trading Registration
Fees and Other Charges

3

CHAPTER I.
GENERAL PROVISIONS

Article 1.

PurposeThe purpose of these Regulations shall be to set forth necessary matters withrespect to the trading registration fees and other charges, etc. charged by the Exchange inaccordance with Article 47-2 of the Trading Member Regulations, Article 14-2.5 of theTrading Regulations and Article 104 of the Clearing Regulations.

CHAPTER II.
TRADING REGISTRATION FEE

Article 2.

Trading Registration Fee

2.1
The amount of the trading registration fee specified in Article 53.4 of theTrading Member Regulations shall be the amounts listed in the following Items for eachcategory of trading membership to be obtained by a trading membership applicant:(1)

Japanese Yen Interest Rate Trading Membership
10,000,000 yen(2)

Yen Interest Rate Swap Futures Trading Membership
5,000,000 yen(3)

FX Daily Futures Trading Membership
5,000,000 yen

Regulations for Trading Registration
Fees and Other Charges

1

(4)

Equity Index Daily Futures Trading Membership
5,000,000 yen(5)

FX Broker Trading Membership
5,000,000 yen(6)

LP Trading Membership
5,000,000 yen(7)

Japanese Yen Interest Rate Remote Trading Membership
0 yen

(8)

Equity Index Daily Futures Remote Trading Membership
0 yen

2.2
Notwithstanding Article 2.1 above, a person set forth in each Item below shallnot be required to pay the trading registration fee for each category of trading
membership set forth in the relevant Item:(1)a person who has already obtained Japanese Yen Interest Rate Trading
Membership and obtains FX Daily Futures Trading Membership
Trading registration fee for FX Daily Futures Trading Membership(2)

a person who obtains Japanese Yen Interest Rate Trading Membershipand FX Daily Futures Trading Membership simultaneously
Trading registration fee for FX Daily Futures Trading Membership(3)

a person who has already obtained FX Daily Futures Trading
Membership and obtains Equity Index Daily Futures Trading
Membership
Trading registration fee for Equity Index Daily Futures Trading
Membership(4)

a person who obtains FX Daily Futures Trading Membership and Equity
Index Daily Futures Trading Membership simultaneously
Trading registration fee for Equity Index Daily Futures Trading
Membership

Regulations for Trading Registration
Fees and Other Charges

2

(5)

a person who has already obtained Equity Index Daily Futures Trading
Membership and obtains FX Daily Futures Trading Membership
Trading registration fee for FX Daily Futures Trading Membership(6)

a person who has already obtained FX Broker Trading Membership andobtains LP Trading Membership
Trading registration fee for LP Trading Membership(7)

a person who has already obtained LP Trading Membership and obtains
FX Broker Trading Membership
Trading registration fee for FX Broker Trading Membership

2.3
Notwithstanding Article 2.1 above, the amount of the trading registration fee forJapanese Yen Interest Rate Trading Membership to be paid by a person who has alreadyobtained FX Daily Futures Trading Membership and obtains Japanese Yen Interest Rate
Trading Membership shall be 5,000,000 yen.

CHAPTER III.
EXCHANGE FEE

Article 3.

Monthly Exchange Fee

3.1
The amount of monthly exchange fee specified in Article 11.1 of the Trading
Member Regulations shall be the amounts listed in the following Items.
(1)

Trading Member having either Japanese Yen Interest Rate Trading
Membership or Yen Interest Rate Swap Futures Trading Membership
300,000 yen per month(2)

Trading Member holding FX Daily Futures Trading Membership
50,000 yen per month

Regulations for Trading Registration
Fees and Other Charges

3

(3)

Trading Member holding Equity Index Daily Futures Trading
Membership
50,000 yen per month(4)

Trading Member holding FX Broker Trading Membership
50,000 yen per month(5)

Trading Member holding LP Trading Membership
50,000 yen per month(6)

Trading Member holding Japanese Yen Interest Rate Remote Trading
Membership
300,000 yen per month(7)

Trading Member holding Equity Index Daily Futures Remote Trading
Membership
50,000 yen per month

3.2
In principle, the monthly exchange fee shall be charged from the month that
includes the time and date on which the trading membership is obtained. Provided,
however, that if the trading membership is obtained on the last day of the month, themonthly exchange fee shall be charged from the month designated by the Exchange fromtime to time.

Article 4.

Per-contract Exchange Fee

4.1
The charging rates of per-contract exchange fee for market derivatives contracts
and L-T Link Positions specified in Articles 11.2 through 11.5 of the Trading Member
Regulations shall be those set forth in the following table:
Classification
Three-month
Euroyen futures

Basis for Calculation
Tradinggiven-up
Accepted

Charging Rates

volume, For the trading volume of the market
volume, derivatives contracts executed on theVolume Exchange Market (excluding thoseand final settlement relevant to give-up)

Regulations for Trading Registration
Fees and Other Charges

4

volume

100 yen per trading unit
For the given-up volume of themarket derivatives contracts createdby give-up
100 yen per trading unit
For the Accepted Volume of the L-T
Link Positions (excluding those
relevant to give-up)
50 yen per trading unit
For the given-up volume of the L-T
Link Positions created by give-up
50 yen per trading unit
For the final settlement volume
100 yen per trading unit

Two-year
SwapnoteTM,
Five-year
SwapnoteTM,
Seven-year
SwapnotTM,
Ten-year
SwapnoteTM,¥ Tradingvolume,Given-up
Volume¥ and final settlement
volume¥and¥

For the trading volume of the market
derivatives contracts executed on the
Exchange Market (excluding those
relevant to give-up)
50 yen per trading unit
For the given-up volume of themarket derivatives contracts createdby give-up
50 yen per trading unit
For the final settlement volume
50 yen per trading unit

Three-month
Trading volume and For the trading volume of the market
Euroyenfutures given-up volume
derivatives contracts executed on theoption contracts
Exchange Market (excluding those
relevant to give-up)

Regulations for Trading Registration
Fees and Other Charges

5

50 yen per trading unit
For the given-up volume of themarket derivatives contracts createdby give-up
50 yen per trading unit
Three-month TONA Trading
futuresGiven-upvolume, For the trading volume of the market
Volume derivatives contracts executed on theand final settlement Exchange Market (excluding thosevolumerelevant to give-up)
100 yen per trading unit
For the given-up volume of themarket derivatives contracts createdby give-up
100 yen per trading unit
For the final settlement volume
100 yen per trading unit
Three-month TONA
Trading
volume For the trading volume of the market
futures
option and given-up volume derivatives contracts executed on thecontracts
Exchange Market (excluding those
relevant to give-up)
50 yen per trading unit
For the given-up volume of themarket derivatives contracts createdby give-up
50 yen per trading unit
U.S.
Dollar- Trading Volume
Japanese Yen FX
Daily
Futures
contracts

Regulations for Trading Registration
Fees and Other Charges

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

6

Euro - Japanese Yen Trading Volume
FX Daily Futurescontracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

BritishPound- Trading Volume
Japanese Yen FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Australian Dollar - Trading Volume
Japanese Yen FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Swiss
Franc
- Trading Volume
Japanese Yen FX
Daily
Futures

For the trading volume of the market
derivatives contracts executed on the
Exchange Market

contracts

35 yen per trading unit

Canadian Dollar - Trading Volume
Japanese Yen FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

New Zealand Dollar Trading Volume- Japanese Yen FX

For the trading volume of the market
derivatives contracts executed on the

Dailycontracts

Exchange Market
35 yen per trading unit

FuturesSouth African Rand - Trading Volume
Japanese Yen FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

TurkeyFor the trading volume of the market

Lira- Trading Volume

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Fees and Other Charges

7

Japanese
Daily
contracts

Yen FX
Futures

derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Norwegian Krone - Trading Volume
Japanese Yen FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Hong Kong Dollar - Trading Volume
Japanese Yen FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

SwedishJapanese
Daily
contracts

Krona - Trading Volume
Yen FX
Futures

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

MexicanJapanese
Daily
contracts

Peso - Trading Volume
Yen FX
Futures

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

PolishZloty- Trading Volume
Japanese Yen FX
Daily
Futures

For the trading volume of the market
derivatives contracts executed on the
Exchange Market

contracts

35 yen per trading unit

ChineseJapanese
Daily
contracts

Yuan- Trading Volume
Yen FX
Futures

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

KoreanJapanese

Won- Trading Volume
Yen FX

For the trading volume of the market
derivatives contracts executed on theRegulations for Trading Registration
Fees and Other Charges

8Dailycontracts

Futures

Exchange Market
35 yen per trading unit

IndianRupee- Trading Volume
Japanese Yen FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Euro - U.S. Dollar Trading Volume

For the trading volume of the market

FX Dailycontracts

derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Futures

British Pound - U.S. Trading Volume
Dollar FX Daily
Futures contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

BritishPound- Trading Volume
Swiss Franc FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

U.S. Dollar - Swiss Trading Volume
Franc FX Daily
Futures contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

U.S.
Dollar- Trading Volume
Canadian Dollar FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Australian Dollar - Trading Volume
U.S. Dollar FX Daily
Futures contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market

Regulations for Trading Registration
Fees and Other Charges

935 yen per trading unit
Euro - Swiss Franc Trading Volume
FX Daily Futurecontracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

Euro - British Pound Trading Volume
FX Daily Futures

For the trading volume of the market
derivatives contracts executed on thecontracts

Exchange Market
35 yen per trading unit

New Zealand Dollar Trading Volume- U.S. Dollar FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unitEuro

For the trading volume of the market-

Australian Trading Volume

Dollar FX Daily
Futures contracts

derivatives contracts executed on the
Exchange Market
35 yen per trading unit

BritishPound- Trading Volume
Australian Dollar FX
Daily
Futures
contracts

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
35 yen per trading unit

U.S. Dollar-Japanese Yen FX
Daily Futurescontracts (Large)

Trading Volume

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
350 yen per trading unit

Euro - Japanese Yen
FX Daily Futurescontracts (Large)

Trading Volume

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
350 yen per trading unit

Regulations for Trading Registration
Fees and Other Charges

10

British Pound Japanese Yen FX
Daily Futurescontracts (Large)

Trading Volume

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
350 yen per trading unit

Australian Dollar Japanese Yen FX

Trading Volume

For the trading volume of the market
derivatives contracts executed on the

Daily Futurescontracts (Large)

Exchange Market
350 yen per trading unit

Euro - U.S. Dollar
FX Daily Futurescontracts (Large)

Trading Volume

For the trading volume of the market
derivatives contracts executed on the
Exchange Market
350 yen per trading unit

Nikkei 225 Daily

Trading Volume and For the trading volume of the

Futures contracts
with Reset Date

Reset Volume

marketderivatives
contracts
executed on the Exchange Market
70 yen per trading unit
For the reset settlement volume
70 yen per trading unit

FTSE 100 Daily Trading Volume and For the trading volume of the
Futures
contracts Reset Volume
marketderivatives
contractswith Reset Dateexecuted on the Exchange Market
100 yen per trading unit
For the reset settlement volume
100 yen per trading unit
DAX® Daily Futures Trading Volume and For the trading volume of thecontracts with Reset Reset Volume
marketderivatives
contracts
Dateexecuted on the Exchange Market
100 yen per trading unit

Regulations for Trading Registration
Fees and Other Charges

11For the reset settlement volume
100 yen per trading unit
DJIA Daily Futures Trading Volume and For the trading volume of thecontracts with Reset Reset Volume
marketderivatives
contracts
Dateexecuted on the Exchange Market
8 yen per trading unit
For the reset settlement volume
8 yen per trading unit
Gold ETF Daily Trading Volume and For the trading volume of the
Futures
Contracts Reset Volume
marketderivatives
contractswith Reset Dateexecuted on the Exchange Market
80 yen per trading unit
For the reset settlement volume
80 yen per trading unit
WTI ETF Daily Trading Volume and For the trading volume of the
Futures
Contracts Reset Volume
marketderivatives
contractswith Reset Dateexecuted on the Exchange Market
80 yen per trading unit
For the reset settlement volume
80 yen per trading unit
NASDAQ-100 Daily Trading Volume and For the trading volume of the
Futures
contracts Reset Volume
marketderivatives
contractswith Reset Dateexecuted on the Exchange Market
8 yen per trading unit
For the reset settlement volume
8 yen per trading unit
Russell 2000 Daily Trading Volume and For the trading volume of theRegulations for Trading Registration
Fees and Other Charges

12Futurescontracts Reset Volume
with Reset Datemarketderivatives
contracts
executed on the Exchange Market
8 yen per trading unit
For the reset settlement volume
8 yen per trading unit

Silver ETF Daily Trading Volume and For the trading volume of the
Futures
Contracts Reset Volume
marketderivatives
contractswith Reset Dateexecuted on the Exchange Market
80 yen per trading unit
For the reset settlement volume
80 yen per trading unit

Platinum ETF Daily Trading Volume and For the trading volume of the
Futures
Contracts Reset Volume
marketderivatives
contractswith Reset Dateexecuted on the Exchange Market
80 yen per trading unit
For the reset settlement volume
80 yen per trading unit
FX Clearing Futurescontracts

Amount or number For
themarketderivativesof contracts
contracts executed on the Exchange
Market(1) With respect to U.S.
Dollar-denominated (*1) contracts
in the amount not less than
USD100,000 per contract, for themonthly total contract amount (*2)
of such contracts
20 yen per USD100,000(2) With respect to U.S.
Dollar-denominated (*1) contracts
inRegulations for Trading Registration
Fees and Other Charges

13

the

amountlessthanUSD100,000 per contract, for themonthly total number of suchcontracts
20 yen per contract
Outstanding
positions

For the monthly total sum (*2) of
the amount of positions newly
created from rollover at the closingof the Market Trading Period
converted into U.S. Dollar (*1) for
each type of contracts and for eachtrading day, multiplied by the
number of days between the final
settlement dates set forth in Article
90-28 of the Clearing Regulations(so-called number of given days forswap point)
20 yen per USD100,000(*1) FX Clearing Futures contracts whose principal is denominated in any currency otherthan U.S. Dollar shall be converted into U.S. Dollar by using the price deemed
appropriate by the Exchange and notified to FX Clearing Futures Trading Members inadvance.
(*2) If any monthly total amount includes a fraction less than USD100,000, such fraction
shall be rounded up to the nearest USD100,000.
4.2

Notwithstanding the provision of Article4-1.1 above, the charging rates of

per-contract exchange fee for Large transaction (meaning a Large transaction as
defined in Article 2 (23) of the FX Special Provisions) executed on the Exchange’s
Market based on the order of a non-resident (meaning a non-resident as defined in
Article 6, Paragraph1(6) of the Foreign Exchange and Foreign Trade Act (Act No.228
of December 1,1949) shall be 150 yen per trading unit.
4.3
Notwithstanding the provisions of Article 4.1 above, the per-contract
exchange fee for FX Clearing Futures contracts by LP Trading Member shall be 0 yen.

Regulations for Trading Registration
Fees and Other Charges

14Article 4-2.

Access Fee

The amount of the access fee specified in Article 11.1 of the Trading Member
Regulations shall be the amounts listed in the following Items for each number of orders(including those corrected and canceled) per month for the market derivatives contracts
executed on the Exchange’s Market:(1)

Trading Member holding either Japanese Yen Interest Rate Trading
Membership or Yen Interest Rate Swap Futures Trading Membership:(a) 0 yen per month for less than 1,000 orders(b) 100,000 yen per month for 1,000 orders or more

(2)

Trading Member holding FX Daily Futures Trading Membership:
0 yen per month(3)

Trading Member holding Equity Index Daily Futures Trading
Membership:
0 yen per month(4)

Trading Member holding FX Broker Trading Membership:
0 yen per month(5)

Trading Member holding LP Trading Membership:
0 yen per month(6)

Trading Member holding Japanese Yen Interest Rate Remote Trading
Membership:(a) 0 yen per month for less than 1,000 orders(b) 100,000 yen per month for 1,000 orders or more

(7)

Trading Member holding Equity Index Daily Futures Remote Trading
Membership:

Regulations for Trading Registration
Fees and Other Charges

15

0 yen per month

Article 4-2-2. Market Facility Usage Fee
The Market Facility Usage Fee specified in Article 11.1 of the Trading Member
Regulations and the amount thereof shall be those set forth below with respect to Interest
Rate Futures transactions:(1)

TFX/Exchange connection fee
15,000 yen per month(2)

Test environment usage fee(a) For use of test environment on a business day designated by the
Exchange
80,000 yen per month(b) For use of test environment on an Exchange Holiday as well as ad hoc
holiday designated by the Exchange
In addition to the amount set forth in (a) above, 130,000 yen for eachday of use(3)

Drop-copy usage fee(a) 10,000 yen per month for each one (1) destination Trading ID vis-à-vis
any one (1) source Trading ID(b) 2,500 yen per month for each one (1) destination Trading ID vis-à-vis
any additional one (1) source Trading ID(4)Market Data usage fee for the purpose of distribution to non-members
As separately determined in the applicable agreement

Regulations for Trading Registration
Fees and Other Charges

16Article 4-3. Trading ID Fee
4-3.1 The amount of the Trading ID fee specified in Article 11.1 of the Trading
Member Regulations shall be the amounts listed in the following Items for each numberof the Trading IDs set forth in Article 48.1 of the Trading Member Regulations:(1)

Trading Member holding either Japanese Yen Interest Rate Trading
Membership or Yen Interest Rate Swap Futures Trading Membership:(a) 0 yen per month for less than 4 Trading IDs(b) 5,000 yen per month for 4 Trading IDs or more(c) For Trading ID (for Browsing Only) (meaning the Trading ID
issued upon approval of the Exchange, which does not enable the user toenter into the transactions; this interpretation shall equally apply in this
Article 4-3.1):
2,500 yen per month per Trading ID (for Browsing Only)(2)

Trading Member holding Japanese Yen Interest Rate Remote Trading
Membership:(a) 0 yen per month for less than 4 Trading IDs(b) 5,000 yen per month per Trading ID for 4 Trading IDs or more(c) For Trading ID (for Browsing Only):
2,500 yen per month per Trading ID (for Browsing Only)

4-3.2 The number of the Trading IDs set forth in Article 4-3.1 hereof shall be those asof the 1st business day of the relevant month; provided, however, when the Trading
Member newly acquires a trading membership, the number of the Trading IDs
corresponding thereto for the month in which the date of acquisition falls shall becalculated as of the date of the acquisition.

Regulations for Trading Registration
Fees and Other Charges

17Article 4-4.

Give-up Fee

The amount of the give-up fee specified in Article 11.1 of the Trading Member
Regulations shall be the amounts listed in the following Items for each number of trading
units of the sale contracts and purchase contracts arising as a result of give-up on
account of the Carrying Member defined in Article 2(34) of the Trading Regulations:(1)

Carrying Member holding either Japanese Yen Interest Rate Trading
Membership or Yen Interest Rate Swap Futures Trading Membership:
5 yen per trading unit

(2)

Carrying Member holding Japanese Yen Interest Rate Remote Trading
Membership:
5 yen per trading unit

Article 4-5.

Charging of Exchange Fee to FX Market Makers and Equity Index
Market Makers, etc.

Notwithstanding Articles 3 through 4-4 above, the Exchange may charge aseparate exchange fee with respect to Trading Members who are FX Market Makers
and Equity Index Market Makers or Market Makers according to their respective roles.
In such case, the Exchange shall notify the relevant Trading Member of such separate
exchange fee in advance.

Article 4-6.

Change, etc. to Exchange Fee

Notwithstanding Articles 3 through 4-5 above, when the Exchange deems it
necessary to do so as market incentive, the Exchange may apply a modified or
discounted exchange fee to any Trading Member during any particular period in themanners separately prescribed by the Exchange. In such case, the Exchange shallnotify the relevant Trading Member of such modification or discount in advance.

Article 4-7.

Invalidation Fee

Regulations for Trading Registration
Fees and Other Charges

18

The fee for invalidation of market derivatives contract prescribed in Article
14-2.5 of the Trading Regulations shall be paid by the Trading Member who requested
the invalidation of the contract in principle, which amount shall be equal to the tradedvolume so invalidated multiplied by the double of charging rate for per-contract
exchange fee for such contract, and if such amount is less than 100,000 yen, theinvalidation fee shall be 100,000 yen.

CHAPTER IV.
TRADING DEREGISTRATION FEE, ETC.

Article 5.
5.1

Trading Deregistration Fee

The amount of trading deregistration fee specified in Article 35 of the Trading

Member Regulations shall be the amounts listed in the following Items for each categoryof trading membership to be deregistered:(1)

Japanese Yen Interest Rate Trading Membership
1,000,000 yen(2)

Yen Interest Rate Swap Futures Trading Membership
1,000,000 yen(3)

FX Daily Futures Trading Membership
1,000,000 yen(4)Equity Index Daily Futures Trading Membership
1,000,000 yen(5)

FX Broker Trading Membership
1,000,000 yen(6)

LP Trading Membership

Regulations for Trading Registration
Fees and Other Charges

19

1,000,000 yen

5.2

(7)

Japanese Yen Interest Rate Remote Trading Membership
1,000,000 yen(8)Equity Index Daily Futures Remote Trading Membership
1,000,000 yen

Notwithstanding Article 5.1 above, if a Trading Member deregisters Japanese

Yen Interest Rate Trading Membership and Yen Interest Rate Swap Futures Trading
Membership simultaneously, the amount of deregistration fee for these trading
memberships shall be 1,000,000 yen in aggregate.
5.3
Notwithstanding Article 5.1 above, a person set forth in each Item below shallnot be required to pay the deregistration fee set forth in the relevant Item:(1)a Trading Member who obtains Japanese Yen Interest Rate Trading
Membership simultaneously with the deregistration of Japanese Yen
Interest Rate Remote Trading Membership
Deregistration fee for Japanese Yen Interest Rate Remote Trading
Membership(2)

a Trading Member who obtains Japanese Yen Interest Rate Remote
Trading Membership simultaneously with the deregistration of Japanese
Yen Interest Rate Trading Membership
Deregistration fee for Japanese Yen Interest Rate Trading Membership(3)

a Trading Member who obtains Equity Index Daily Futures Trading
Membership simultaneously with the deregistration of Equity Index
Daily Futures Remote Trading Membership
Deregistration fee for Equity Index Daily Futures Remote Trading
Membership(4)

a Trading Member who obtains Equity Index Daily Futures Remote
Trading Membership simultaneously with the deregistration of Equity
Index Daily Futures Trading Membership
Deregistration fee for Equity Index Daily Futures Trading Membership

Regulations for Trading Registration
Fees and Other Charges

20Article 6.

Name Transfer Charge

6.1
The amount of name transfer charge specified in Article 34.3 of the Trading
Member Regulations shall be the amounts listed in the following Items for each categoryof trading membership for which the name transfer is made:(1)

Japanese Yen Interest Rate Trading Membership
1,000,000 yen(2)

Yen Interest Rate Swap Futures Trading Membership
1,000,000 yen(3)

FX Daily Futures Trading Membership
1,000,000 yen(4)Equity Index Daily Futures Trading Membership
1,000,000 yen(5)

FX Broker Trading Membership
1,000,000 yen(6)

LP Trading Membership
1,000,000 yen(7)

Japanese Yen Interest Rate Remote Trading Membership
1,000,000 yen(8)Equity Index Daily Futures Remote Trading Membership
1,000,000 yen

6.2
Notwithstanding Article 6.1 above, if a name transfer is made for Japanese Yen
Interest Rate Trading Membership and Yen Interest Rate Swap Futures Trading
Membership simultaneously, the amount of name transfer charge for these trading
memberships shall be 1,000,000 yen in aggregate.

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CHAPTER V.
CLEARING REGISTRATION FEE

Article 7.

Clearing Registration Fee

7.1
The amount of clearing registration fee specified in Article 4.3 of the Clearing
Regulations shall be the amounts listed in the following Items for each category ofclearing membership to be obtained:(1)

Interest Rate Futures Clearing Membership
5,000,000 yen(2)Daily Futures Clearing Membership
3,000,000 yen(3)

FX Clearing Futures Clearing Membership
0 yen

7.2.
Notwithstanding Article 7.1 above, a person set forth in each Item below shallnot be required to pay the clearing registration fee set forth in the relevant Item:(1)a person who has already obtained FX Daily Futures Trading
Membership or Equity Index Daily Futures Trading Membership andobtains Daily Futures Clearing Membership
Clearing registration fee for Daily Futures Clearing Membership(2)

a person who obtains FX Daily Futures Trading Membership or Equity
Index Daily Futures Trading Membership and Daily Futures Clearing
Membership simultaneously.
Clearing registration fee for Daily Futures Clearing Membership

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CHAPTER VI.
CLEARING DEREGISTRATION FEE, ETC.

Article 8.

Clearing Deregistration Fee

8.1
The amount of clearing deregistration fee specified in Article 14-2-3 of the
Clearing Regulations shall be the amounts listed in the following Items for each categoryof clearing membership to be deregistered:(1)

Interest Rate Futures Clearing Membership
1,000,000 yen(2)Daily Futures Clearing Membership
1,000,000 yen(3)

FX Clearing Futures Clearing Membership
0 yen

8.2
Notwithstanding Article 8.1(1) above, if either Japanese Yen Interest Rate
Trading Membership or Yen Interest Rate Swap Futures Trading Membership isderegistered simultaneously with deregistration of Interest Rate Futures Clearing
Membership, the deregistering Clearing Member shall be exempted from payment of theclearing deregistration fee concerning the Interest Rate Futures Clearing Membership.

Article 8-2.

Name Transfer Fee

8-2.1 The amount of name transfer fee specified in Article 14-2-2.3 of the Clearing
Regulations shall be 1,000,000 yen.
8-2.2 Notwithstanding Article 8-2.1 above, a person set forth in each Item below
shall not be required to pay the name transfer fee for each category of clearing
membership set forth in the relevant Item:

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(1)

a person who obtains Japanese Yen Interest Rate Trading Membership or
Yen Interest Rate Swap Futures Trading Membership and Interest Rate
Futures Clearing Membership simultaneously by name transfer
Name transfer fee for Interest Rate Futures Clearing Membership(2)

a person who obtains FX Daily Futures Trading Membership and Daily
Futures Clearing Membership simultaneously by name transfer
Name transfer fee for Daily Futures Clearing Membership(3)

a person who obtains Daily Futures Trading Membership and Daily
Futures Clearing Membership simultaneously by name transfer
Name transfer fee for Daily Futures Clearing Membership(4)

a person who obtains FX Broker Trading Membership and FX Clearing
Futures Clearing Membership simultaneously by name transfer
Name transfer fee for FX Clearing Futures Clearing Membership(5)

a person who obtains LP Trading Membership and FX Clearing Futures
Clearing Membership simultaneously by name transfer
Name transfer fee for FX Clearing Futures Clearing Membership

CHAPTER VII.
POSITION TRANSFER FEE

Article 9.

Position Transfer Fee

The amount of position transfer fee specified in Article 92 of the Clearing
Regulations shall be the sum of the volume of transferred position multiplied by 5 yen.

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CHAPTER VII-II.
INACTIVITY FEE

Article 9-2. Inactivity Fee
9-2.1

The amount of the inactivity fee specified in Article 51-2.2 of the Trading

Member Regulations and Article 107.2 of the Clearing Regulations shall be as set
forth below for Inactive Trading Member or Inactive Clearing Member:
50,000 yen per month
9-2.2 Notwithstanding Article 9-2.1 above, those who are both Inactive Trading
Member specified in Article 51-2.1 of the Trading Regulations and Inactive Clearing
Member specified in Article 107.1 of the Clearing Regulations shall be exempted fromthe inactivation fee payable for the Inactive Clearing Member.

CHAPTER VIII.
MISCELLENEOUS

Article 10.

Consumption Tax, etc.

With respect to the fees and charges set forth in Articles 2 through 9 hereof,
consumption tax, etc. (meaning consumption tax and local consumption tax) thereon
shall be charged in addition to such fees and charges.

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These amended Regulations shall take effect as from November 30, 2015.

SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from February 27, 2017.

SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from December 10, 2018.

SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from October 26, 2020.

SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from February 1, 2021.

SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from April 12, 2021.

SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from February 28, 2022.

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SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from March 20, 2023.

SUPPLEMENTARY PROVISIONS
These amended Regulations shall take effect as from September 11, 2023.

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