Shanghai Futures Exchange Announces 2025 Chinese New Year Market Closure & Stainless Steel Contract Adjustments

Published: Jan 23, 2025 11:39

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[Shanghai Futures Exchange 2025 Chinese New Year Market Arrangement and Stainless Steel Contract Adjustment] According to the announcement by the Shanghai Futures Exchange regarding the arrangements during the 2025 Chinese New Year: There will be no night session trading on the evening of January 27, 2025 (Monday). The market will be closed from January 28, 2025 (Tuesday) to February 4, 2025 (Tuesday). On February 5, 2025 (Wednesday), from 08:55 to 09:00, all futures and options contracts will undergo call auction, and night session trading will resume that evening. The price limit for stainless steel futures contracts will be adjusted to 8%, the margin ratio for hedging transactions will be adjusted to 9%, and the margin ratio for speculative transactions will be adjusted to 10%.

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