SHANGHAI, Sept. 22 (SMM) – The Shanghai Futures Exchange (SHFE) announced to adjust trading margins and limits of contracts on the exchange for the upcoming 2017 Chinese Chinese National Day Holiday from Oct. 1-7.
Trading margins for copper, aluminum, zinc, lead, nickel, tin, hot-rolled and bitumen will be raised from 8 per cent to 10 per cent, and trading limits for them will be expanded from 6 per cent to 8 per cent.
SHFE Raises Transaction Fees for Closing out Intra-day’s Positions in Ni 1801 Contract
Trading margins for rebar and natural rubber will be increased from 9 per cent to 11 per cent, and trading limits for them will be widened from 7 per cent to 9 per cent.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
