[English Translation]

REGULATIONS FOR THE FORCED ALLOCATION MEASURES FOR
FX CLEARING FUTURES TRANSACTIONSTOKYO FINANCIAL EXCHANGE INC.

(This is an English translation of the Percentage figures to calculate FX Margin reference
amount for Individual Customer, which original 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 The Forced Allocation Measures for FX Clearing Futures Transactions

Table of Contents
Page
SUPPLEMENTARY PROVISIONS .................................................................................................. 1

Regulations for The Forced Allocation Measures
for FX Clearing Futures Transactions
Table of Contents

The method for the Liquidation Transaction of Unsettled FX Clearing Futurescontracts prescribed in Article 14-4 of the Enforcement Regulations for Trading Member
Regulations shall apply mutatis mutandis to the method of forced allocation measuresprescribed in Article 16 of the Regulations for Margin and Unsettled Contracts for FX
Clearing Futures Transactions (hereinafter referred to as the “FX Clearing MarginRegulations”).
In this case, in Article 14-4.1 of the Enforcement Regulations for Trading MemberRegulations, the terms “imposes the regulatory measures set forth in Article 63.1 of theTrading Member Regulations or the disciplinary measures set forth in Article 66.1 of thesame regulations on the FX Clearing Futures Trading Member and, pursuant to Article 38.1of the same regulations, the Exchange causes such FX Clearing Futures Trading Member(hereinafter referred to as the “FX Clearing Futures Trading Member Subject to Measures” inthis Article) to liquidate the unsettled FX Clearing Futures contracts executed at the bids oroffers submitted by such FX Clearing Futures Trading Member Subject to Measures(hereinafter referred to as the “Unsettled FX Clearing Futures Contracts” in this Article) as
deemed necessary by the Exchange” shall be replaced by “determines to take forced
allocation measures prescribed in Article 14.1(3) of the FX Clearing Margin Regulations on
the FX Broker Trading Member (hereinafter referred to as the “FX Broker Trading Member
Subject to Measures”) and, pursuant to Article 16 of the same regulations, the Exchangetakes forced allocation measures on the unsettled FX Clearing Futures contracts executed at
the bids or offers submitted by such FX Broker Trading Member (hereinafter referred to as
the “Unsettled FX Clearing Futures Contracts” in this Article)”, the terms “FX Clearing
Futures Trading Member Subject to Measures” and “Liquidation Transaction” shall be
replaced by “FX Broker Trading Member Subject to Measures” and “forced allocationtransaction” respectively, and the term “Liquidation Volume” in Articles 14-4.1, 14-4.2 and14-4.3 of the Enforcement Regulations for Trading Member Regulations shall be replaced by
the “forced allocation volume” and the term “Liquidation Price” in Articles 14-4.1 and14-4.4 of the same regulations shall be replaced by the “forced allocation price”.

SUPPLEMENTARY PROVISIONS
These Regulations shall take effect as from April 12, 2021.
1Regulations for The Forced Allocation Measures
for FX Clearing Futures Transactions

2Regulations for The Forced Allocation Measures
for FX Clearing Futures Transactions