DCE Adjusts Margins for Coking Coal, Coke Futures Contracts, and Position Ceiling for Iron Ore Futures Contracts   

Published: Aug 18, 2017 18:23
Dalian Commodity Exchange (DCE) announced to adjust trading margins for coking coal and coke futures contracts and to adjust position caps for iron ore futures contracts.

SHANGHAI, Aug. 18 (SMM) – Dalian Commodity Exchange (DCE) announced to adjust trading margins for coking coal and coke futures contracts and to adjust position caps for iron ore futures contracts.  

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Starting from settlement date of August 22, 2017, the minimum trading margin for coking coal and coke futures contracts shall be adjusted to be at 12% of contract value.  

Starting from trading session of August 22, 2017 (namely night session on August 21, 2017), the combined number of long and short positions opened by non-members and non-clients of futures firms for either iron ore 1801 contract or iron ore 1805 contract shall be no more than 6,000 lots on a single trading day.   

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DCE Adjusts Margins for Coking Coal, Coke Futures Contracts, and Position Ceiling for Iron Ore Futures Contracts    - Shanghai Metals Market (SMM)