Zhengzhou Commodity Exchange: Adjust the margin standards and price limits for some futures contract transactions during the Spring Festival
Zhengzhou Commodity Exchange: Notice on adjusting margin standards and price limits for some futures contract transactions during the Spring Festival
Zheng Shanghan [2023] No. 35
Each member unit:
According to the provisions of Article 8 of the “Zhengzhou Commodity Exchange Futures Trading Risk Control and Management Measures”, after research and decision, the following adjustments will be made to the trading margin standards and price limits of some futures contracts during the Spring Festival in 2023:
1. Starting from the settlement on January 19, 2023, the trading margin standard of glass and soda ash futures contracts will be adjusted to 12%, and the price limit will be adjusted to 10%; sugar, cotton, rapeseed meal, rapeseed oil, sugar, cotton, rapeseed meal, rapeseed oil, etc. FF8040″>The trading margin standard for cotton yarn, peanut, PTA, methanol, urea and short fiber futures contracts is adjusted to 10%, and the price limit is adjusted to 9% .
2. After the resumption of trading on January 30, 2023, from the settlement of the first trading day when the contract with the largest open interest does not have a unilateral price limit, the trading margin standard and price limit range of the futures contracts of the above types will be restored to Level before adjustment.
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
January 16, 2023
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