Zhengzhou Commodity Exchange: Adjust the trading margin standards and price limits of some futures contracts during the Mid-Autumn Festival
Adjustments to trading margin standards and price limits during the Mid-Autumn Festival in 2021
Notice on adjusting the margin standards and price limits for some futures contract transactions during the Mid-Autumn Festival in 2021
Each member unit:
According to the provisions of Article 9 of the “Zhengzhou Commodity Exchange Futures Trading Risk Control and Management Measures”, after research and decision, the margin standards and price limits for some futures contract transactions during the Mid-Autumn Festival in 2021 will be adjusted as follows:
1. Starting from the settlement on September 16, 2021, the trading margin standard for soda ash futures contracts will be adjusted to 12%, and the price limit will be adjusted to 8%; the trading margin standard for ferrosilicon and manganese silicon futures contracts will be adjusted to 10%, and the price limit will be adjusted to 10%. Adjusted to 8%; PTA and short fiber futures contract trading margin standards were adjusted to 8%, and the price limit was adjusted to 7%.
2. After the resumption of trading on September 22, 2021, starting from the settlement of the first trading day when the contract with the largest position does not have a single-sided market with a price limit, the trading margin standard and price limit range of the above-mentioned futures contracts will return to the adjustment level. The trading margin standard for soda ash futures 2111, 2112 and 2201 contracts is 12%, and the price limit is 8%; the trading margin standard for ferrosilicon and manganese silicon futures 2111, 2112 and 2201 contracts is 10%, and the price limit is 8 %.
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.
All member units are requested to strengthen capital and position risk management, remind investors to strengthen risk awareness, and strengthen risk prevention.
Notice is hereby given.
Zhengzhou Commodity Exchange
September 14, 2021
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