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Egg futures contracts have been approved by the China Securities Regulatory Commission in the “Approval for Trading of Contract and Listing of Contract Contracts on DCE” (Zheng Jian Han [2013] No. 251 Document). Dalian Commodity Exchange (DCE) hereby announces relevant issues for the trading and listing of egg futures contracts as follows:
1. Time for listing and trading
Egg futures contracts will be listed for trading since November 8, 2013 (Friday).
Egg futures contracts will be listed for trading since November 8, 2013 (Friday).
2. Contracts for Listing and trading
The first batch of the egg futures contracts to be listed include JD1403, JD1404, JD1405, JD1406, JD1409 and JD1410. The benchmark listing prices for the contracts will be informed on the trading day before the listing.
The first batch of the egg futures contracts to be listed include JD1403, JD1404, JD1405, JD1406, JD1409 and JD1410. The benchmark listing prices for the contracts will be informed on the trading day before the listing.
3. Trading margin and price limit
During the early period of the listing, the trading margin of the egg futures contracts is tentatively set at 8% of the contract value, the price limit is tentatively set at 4% of the settlement price of the previous trading day and the price limit on the first listing day of new contracts is set at 8% of the benchmark listing price.
During the early period of the listing, the trading margin of the egg futures contracts is tentatively set at 8% of the contract value, the price limit is tentatively set at 4% of the settlement price of the previous trading day and the price limit on the first listing day of new contracts is set at 8% of the benchmark listing price.
4. Commission charge for trading
The commission charge for the trading of the egg futures contracts is 0.015% of the sum of the traded contract.
The commission charge for the trading of the egg futures contracts is 0.015% of the sum of the traded contract.
5. Disclosure of position
After the settlement on each trading day, DCE will announce the trading volume and position of all the members for the egg futures contracts on the day.
After the settlement on each trading day, DCE will announce the trading volume and position of all the members for the egg futures contracts on the day.
6. Designated quality inspection agencies
China Certification & Inspection Group Inspection Co., Ltd. and SGS-CSTC Standards Technical Services Co., Ltd. are the designated quality inspection agencies of the egg futures.
China Certification & Inspection Group Inspection Co., Ltd. and SGS-CSTC Standards Technical Services Co., Ltd. are the designated quality inspection agencies of the egg futures.
7. Designated delivery warehouses for the DCE egg futures
Sinotrans Shanghai Cold Chain Logistics Co., Ltd., Wuxi Tianpeng Vegetable Basket Project Co., Ltd., COFCO (Shenzhen) Co., Ltd., Shijiazhuang Sogreen Foodstuff Co., Ltd., and Yicheng City Xiangda Farming Co., Ltd. are the designated delivery warehouses of the egg futures; Hubei Shendan Healthy Food Co., Ltd., Hubei Shenlu Group, Wuhan Lingxing Group Ziranyuan Food Co., Ltd., Dalian Hanwei Chicken Farming Co., Ltd., Qingdao Tianrui Farming Technology Co., Ltd., Dezhou Heshan Ecological Agriculture Co., Ltd., Hebei Jinkai Farming Co., Ltd., Hebei Minwang Feed Co., Ltd., Henan Province Huimin Poultry Co., Ltd., and Jiangsu Hongxuan Ecological Agriculture Co., Ltd. are the designated delivery factory warehouses.
Sinotrans Shanghai Cold Chain Logistics Co., Ltd., Wuxi Tianpeng Vegetable Basket Project Co., Ltd., COFCO (Shenzhen) Co., Ltd., Shijiazhuang Sogreen Foodstuff Co., Ltd., and Yicheng City Xiangda Farming Co., Ltd. are the designated delivery warehouses of the egg futures; Hubei Shendan Healthy Food Co., Ltd., Hubei Shenlu Group, Wuhan Lingxing Group Ziranyuan Food Co., Ltd., Dalian Hanwei Chicken Farming Co., Ltd., Qingdao Tianrui Farming Technology Co., Ltd., Dezhou Heshan Ecological Agriculture Co., Ltd., Hebei Jinkai Farming Co., Ltd., Hebei Minwang Feed Co., Ltd., Henan Province Huimin Poultry Co., Ltd., and Jiangsu Hongxuan Ecological Agriculture Co., Ltd. are the designated delivery factory warehouses.
The above designated delivery warehouses and designated delivery factory warehouses will be used from the day when egg futures contracts are listed and traded.
