CFFEX: Notice On Relevant Arrangements During The International Workers Day Holiday 2022

According to the Notice on Market Close for Certain Public Holidays 2022 and Measures of China Financial Futures Exchange on Risk Control, China Financial Futures Exchange hereby announces the following arrangements during the 2022 International Workers' Day holiday.

1.      Market Close

In observance of the International Workers' Day, the market will be closed from April 30, 2022 (Saturday) to May 4, 2022 (Wednesday).

The market will remain closed on April 24, 2022 (Sunday) and May 7, 2022 (Saturday).

The market will resume trading on May 5, 2022 (Thursday).

2.      Adjustments to trading margin during the International Workers' Day holiday 2022

(1)   From the settlement on April 28, 2022 (Thursday), the trading margin of CSI 300 index futures, SSE 50 index futures and CSI 500 index futures will be adjusted to 13%, 13% and 15% respectively.

(2)   After trading resumes on May 5, 2022 (Thursday), from the settlement on the first trading day without occurrence of One-Sided Market in the contract with the largest open interest of such product, the trading margin of CSI 300 index futures, SSE 50 index futures and CSI 500 index futures will be restored to the previous level.

(3)   The margin adjustment factor of CSI 300 index options will be adjusted according to the trading margin of CSI 300 index futures.

Table: Adjustments to trading margin during the International Workers' Day holiday 2022

With the holiday approaching, all member entities are required to strengthen risk management and client service, inform clients of relevant arrangements and potential risks, enhance management of client funds, so as to guarantee the stable and safe functioning of the market. All member entities shall continue to enhance epidemic prevention and operational safety, identify and prevent risks related to system operations and network security, strengthen monitoring and inspection of the IT system and take measures to guarantee system maintenance and network security, so as to ensure stable system operations during the holiday and be prepared for the orderly resumption of post-holiday trading with system readiness and sound business arrangements.  

Member entities shall timely report to the Exchange in case of any emergency or risk event. 

Please contact

+86-21-50160801 for trading-related questions

+86-21-50160263 for clearing-related questions

+86-21-50160311 for surveillance-related questions

+86-21-50160508 for IT-related questions.