SHANGHAI, Aug. 22 (SMM) - The Shanghai Futures Exchange (SHFE) released restrictions on zinc contracts transactions.
It decides the maximum positions on ZN1710 and ZN1711 contracts opened by non-futures company members and customers are 2,000, effective August 23, 2017.
The ceiling limit of day positions opened by accounts belonging to one customer should be the same with that for one customer. Hedging operation is not subject to the constraints.
Transaction fees for closing positions which are opened on the same day are adjusted to 15 yuan.
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