Shanghai Gold Exchange: adjust the margin ratio of gold and silver extended contract and the limit of rise and fall.

Shanghai gold adjusted gold and silver extension contract margin ratio and rise and fall limit. At the close of liquidation on October 8, 2021, the margin ratio for contracts such as, Au (traded D), mAu (traded D), Au (T+N1), Au (T+N2), NYAuTN06, NYAuTN12, etc., will be adjusted from 10% to 8%, the limit for rise and fall from 9% to 7% from 9% to 7% for the next trading day, and from 14% to 12% for the next trading day, and the limit for the rise and fall of contracts will be adjusted from 13% to 11% from the next trading day.

The full text of the notice on adjusting the margin ratio and the limit for the rise and fall of the extension contract is as follows:

Member units:

In view of the recent stabilization of gold and silver extended contract trading, according to the relevant provisions of the measures for risk Control and Management of the Shanghai Gold Exchange, our institute adjusts the trading margin ratio and the limit of rise and fall of Au (traded D), mAu (traded D), Au (T+N1), Au (T+N2), NYAuTN06, NYAuTN12 and Ag (traded D) contracts. The relevant matters are hereby notified as follows:

On Friday, October 8, 2021, the margin ratio for contracts such as, Au (traded), mAu (traded), Au (T+N1), Au (T+N2), NYAuTN06, NYAuTN12, etc., will be adjusted from 10% to 8%. The limit for the rise and fall of contracts will be adjusted from 9% to 7% from 9% to 7% from 14% to 12% for the next trading day, and from 13% to 11% for the next trading day.

All member units are requested to do a good job in risk prevention, appropriately adjust the proportion of margin collection according to customers' positions and risks, and remind investors to pay attention to trading risks, invest rationally, reasonably control the scale of positions, and ensure the smooth operation of the market.

I hereby inform you.

Shanghai Gold Exchange

October 8, 2021