The number of the Rubber Market members is to be no more than 10
as of May 12, 2010, and this triggers a closure of the Rubber Market
(pursuant to the provisions of Article 70 of the Commodity Exchange
Law).
Further to the announcement dated January 27, 2010 (please click here),
effective from May 13, 2010, the trading of RSS3 is to be suspended
and delisted in the following way.
1. |
For the contract months without any outstanding open interests
as at the close of business today, April 15, 2010 (July, August
and September 2010 contract months)
Trading is to be suspended effective from tomorrow, April 16. |
2. |
For the contract months with outstanding open interests as
at the close of business today, April 15, 2010 (April, May and
June 2010 contract months)
(1) |
Up till May 12, 2010
The contracts are to be normally traded, but the trading
is to be suspended from the business day immediately following
the day when no open interests are outstanding at the
close of the business. |
(2) |
From May 13, 2010
No trading is to be allowed except only for the contracts
to offset the outstanding open interests and/or relating
to
deliveries. |
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