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

iconAug 18, 2017 18:23
Source: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.   

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.  

What Fuels Surge in DCE Iron Ore Prices? SMM Reports 

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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