Zhengzhou Commodity Exchange: Adjust the trading margin standards and price limits for cotton and cotton yarn futures contracts

Notice of the Zhengzhou Commodity Exchange on Adjusting the Trading Margin Standards and Price Limits for Cotton and Cotton Yarn Futures Contracts

Each member unit:

According to Article 10 of the “Regulations on Risk Control and Management of Futures Trading of Zhengzhou Commodity Exchange” and Article 27 of the “Futures Settlement Rules of Zhengzhou Commodity Exchange”, after research and decision, the trading margin standards and price limits of some futures contracts will be adjusted. Adjust as follows:

Starting from the settlement on October 27, 2021, the price limit of cotton futures 2111 and 2201 contracts will be adjusted to 9%; the trading margin standard of cotton futures 2203, 2205, 2207 and 2209 contracts will be adjusted to 10%, and the price limit will be adjusted to 9%. The price limits for cotton yarn futures 2111, 2112 and 2201 contracts have been adjusted to 9%; the trading margin standards for cotton yarn futures 2202, 2203, 2204, 2205, 2206, 2207, 2208, 2209 and 2210 contracts have been adjusted to 10%, and the price limits have been adjusted. is 9%.

If the trading margin standards and price limits implemented in accordance with the rules are higher than the above standards, the original regulations will still be implemented.

Notice is hereby given.

Zhengzhou Commodity Exchange

October 21, 2021

AAA

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