SHFE Adjusted the Margin Ratio and the Range of Price Limit of Nickel Futures Trading

SHANGHAI, Mar 10 (SMM) - On March 10, Shanghai Futures Exchange issued a notice on adjusting the margin ratio and the range of price limit of nickel futures trading. The relevant contents are as follows:

To all relevant units,

It is decided through research that since the closing and settlement on Friday, March 11, 2022, the margin ratio and the range of price limit of nickel trading will be adjusted as follows:

The trading margin ratio of the nickel futures 2203 contract will be 20%, and the price limit will be adjusted to 17%.

The trading margin ratio of nickel futures 2208, 2210, 2211, 2302 contracts, and newly listed contracts will be adjusted to 19%, and the price limit will be adjusted to 17%.

If the above-mentioned margin ratio and the range of price limit of nickel trading are different from the currently implemented margin ratio and price limit, the higher ratio and the larger range shall prevail.

Other matters concerning trading margin and price limit shall be subject to the Measures of the Shanghai Futures Exchange for the Administration of Risk Control.

Please be informed.

Shanghai Futures Exchange

10 March 2022