In accordance with Article 9 of the “Measures of Dalian Commodity Exchange (DCE) for Risk Management”, it is decided upon discussion that around the closing time during the Mid-Autumn Festival and the National Day in 2013, DCE will adjust the minimum trading margins and the price limits of all products as follows,
1. During the Mid-Autumn Festival in 2013
As of the clearing time on September 17, 2013 (Tuesday), the minimum trading margin rates of No. 1 soybeans, No. 2 soybeans, corn, soybean oil, RBD palm olein, LLDPE, PVC, coke and coking coal shall be adjusted to 6%, with the price limit rates adjusted to 5%; the minimum trading margin rate of soybean meal shall be adjusted to 8%, with its price limit rate adjusted to 6%.
From September 23, 2013 (Monday) when the trading resumes and the settlement time of the first trading day when the two contracts with the largest open interest of each product do not have interrupted quotations simultaneously on the price limit side, the minimum trading margin rates of all products shall return to 5%, their price limit rates to 4%.
2. During the National Day in 2013/9/11
As of the clearing time on September 27, 2013 (Friday), the minimum trading margin rates of No. 1 soybeans, No. 2 soybeans, corn, soybean oil, RBD palm olein, LLDPE and PVC shall be adjusted to 8%, with the price limit rates adjusted to 6%; the minimum trading margin rates of coke and coking coal shall be adjusted to 9%, with the price limit rates adjusted to 7%; the minimum trading margin rate of soybean meal shall be adjusted to 10%, with its price limit rate adjusted to 8%.
From October 8, 2013 (Tuesday) when the trading resumes and the settlement time of the first trading day when the two contracts with the largest open interest of each product do not have interrupted quotations simultaneously on the price limit side, the minimum trading margin rates of all products shall return to 5%, their price limit rates to 4%.
As regards the contracts meeting the requirements of the “Measures of Dalian Commodity Exchange for Risk Management” for the adjustment of both the trading margin rate and the price limit rate, their trading margin rate and price limit rate shall be the greater one of the stipulated figures.
