It is upon discussion that DCE will adjust order fee for trading RBD Palm Olein, Soybean Meal, Soybean Oil, No. 1 Soybean, No. 2 Soybean, Corn and LLDPE futures contracts, as of the trading hour of June 3, 2024 (i.e. the night trading session of May 31). The way of charging and order fee for other futures contracts will remain unchanged.
The order fee shall be collected on a contractual and daily basis. The standards are as follows:
|
Futures Products |
Charging Rate：CNY/Count |
|||||||||
|
Message Amount≤4000 |
4000 < Message Amount≤ 8000; OTR≤2 |
4000 < Message Amount≤ 8000; OTR>2 |
Message Amount>8000; OTR≤2 |
Message Amount>8000; OTR>2 |
||||||
|
Before |
After |
Before |
After |
Before |
After |
Before |
After |
Before |
After |
|
|
RBD Palm Olein |
0 |
0 |
0 |
0 |
0.4 |
3 |
0.8 |
6 |
2 |
15 |
|
Soybean Meal |
0 |
0 |
0 |
0 |
0.6 |
3 |
1.2 |
6 |
3 |
15 |
|
Corn |
0 |
0 |
0 |
0 |
1.6 |
2 |
3.2 |
4 |
8 |
10 |
|
LLDPE |
0 |
0 |
0 |
0 |
0.6 |
2 |
1.2 |
4 |
3 |
10 |
|
Soybean Oil |
0 |
0 |
0 |
0 |
0.3 |
1 |
0.6 |
2 |
1.5 |
5 |
|
No. 1 Soybean |
0 |
0 |
0 |
0 |
0.05 |
1 |
0.1 |
2 |
0.25 |
5 |
|
No. 2 Soybean |
0 |
0 |
0 |
0 |
0.1 |
1 |
0.2 |
2 |
0.5 |
5 |
|
Iron Ore |
0 |
0 |
0 |
0 |
0.1 |
0.1 |
0.2 |
0.2 |
0.5 |
0.5 |
|
Live Hog |
0 |
0 |
0 |
0 |
0.1 |
0.1 |
0.2 |
0.2 |
0.5 |
0.5 |
Contract order fee = ∑(each message amount of contract by Non-Futures Company Members or clients on the then-current day × each charging rate)
Message amount = number of order placements + number of order cancellations
OTR= message amount / number of executed orders-1
As for the same client who has several trading codes with different Futures Company Members, or clients and Non-Futures Company Members involving actual control relationship, DCE will calculate their number of order placements, number of order cancellations and number of executed orders on a consolidated basis.
Members shall strengthen the management of clients' trading behavior and take practical and effective measures to prevent clients from having insufficient funds due to overdraft of order fees.
This notice is hereby released.
