Home / Metal News / Trading firm: adjust the limit range and trading margin of futures contracts such as iron ore during the Dragon Boat Festival holiday.

Trading firm: adjust the limit range and trading margin of futures contracts such as iron ore during the Dragon Boat Festival holiday.

iconJun 19, 2020 15:10
Source:Big business office

SMM Network News: all member units:

According to the provisions of the measures for risk Management of Dalian Commodity Exchange, it has been decided that our institute will make the following adjustments to the rise and fall limit range and trading margin level of various futures contracts before and after the closure of the Dragon Boat Festival in 2020:

From the time of settlement on Tuesday, June 23, 2020, the limit for the rise and fall of iron ore futures contracts has been adjusted to 10%, and the levels of hedging and speculative trading margin have been adjusted to 10% and 11%, respectively. Yellow soybean variety 1 futures contract limit range is adjusted to 8%, hedging and speculative trading margin levels are adjusted to 8% and 9% respectively; The limit range of other futures contracts and the level of trading margin remain unchanged.

After the resumption of trading on Monday, June 29, 2020, the trading limit range and trading margin level of iron ore and yellow soybean No. 1 futures contracts remain unchanged; the limit range and trading margin level of other futures contracts remain unchanged.

If the above limit range, trading margin level and the current implementation of the trading margin range, trading margin level is different, then according to the two large range, high level of implementation.

Dragon Boat Festival holiday in 2020 is approaching, and the recent market fluctuations, please member units to do a good job of risk reminders to customers, strengthen market risk prevention, to ensure the smooth operation of the market.

I hereby inform you.

Dalian Commodity Exchange

June 19, 2020

Scan the QR code and join the SMM metal communication group.

Iron ore
futures

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news