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According to Clause 9 of the “Measures of Dalian Commodity Exchange for Risk Management”, it has been decided upon discussion that DCE will make the following adjustments to the trading margin and price limits of each product before and after the market is closed during the 2016 Spring Festival:
As of the settlement on February 4, 2016 (Thursday), the price limit and the minimum trading margin of No. 1 Soybeans, No. 2 Soybeans, Soybean Oil, RBD Palm Olein, Soybean Meal, Corn, Corn Starch, Coking Coal, Metallurgical Coke, LLDPE, PVC and PP will be adjusted to 6% and 8% respectively; those of Iron Ore will be adjusted to 7% and 9% respectively; the price limit and the minimum trading margin of the futures of Egg, Blockboard and Fiberboard will remain unchanged.
When trading resumes on February 15, 2016 (Monday), for each futures product, from the settlement time of the first trading day when the two contracts with the largest open interest do not simultaneously have non continuous quotes on one side at the price limit, the price limits and the minimum margin of Iron Ore, LLDPE, and PP will return to 5% and 6% respectively; those of all other futures (except for Egg, Fiberboard and Blockborad) will return to 4% and 5% respectively.
As regards the contracts meeting the requirements of the “Measures of Dalian Commodity Exchange for Risk Management” for adjustments to the trading margin and the price limit, their minimum trading margin rate and price limit rate will be the greater one of the stipulated figures.
Besides, the after-hours trading time during the 2016 Spring Festival is as follows:
No after-hours trading will be carried out on the night of February 5 (Friday); the call auction time for all the futures products on February 15 (Monday) is 08:55 to 09:00; the after-hours trading will be resumed on the night of February 15 (Monday).
Member units are required to effectively remind their clients of the after-hours trading time, in order to ensure smooth market operation.
