SMM Network News: all relevant units:
According to the study, from the time of closing and settlement on Tuesday, July 28, 2020, the margin ratio and the limit of the rise and fall of the trading margin will be adjusted as follows:
The trading margin ratio of rebar, wire rod, hot rolled coil and stainless steel futures contract is adjusted to 8%, and the range of rising and falling limit is adjusted to 6%.
If the margin ratio of the above-mentioned transaction, the range of the limit board and the current margin ratio of the transaction margin and the range of the limit board are different, the execution shall be carried out according to the high proportion and large range of the two.
Other matters concerning trading margin and the limit of rise and fall shall be carried out in accordance with the measures for risk Control and Management of the Shanghai Futures Exchange.
I hereby inform you.
Attachment: a list of the margin ratio and the range adjustment of the trading limit for related varieties.
Shanghai Futures Exchange
July 24, 2020
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