Notice on adjusting margin ratio and limit range of Silver Futures Trading

SMM News:

All relevant units: According to the study, from the time of closing and settlement on Thursday, August 20, 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 the silver futures contract is adjusted to 12%, and the limit of rise and fall is adjusted to 10%; 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 August 18, 2020

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