According to Article 8 of the Risk Control Rules of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:
From the settlement on September 12, 2024, margins and price limits of Rapeseed Meal and Rapeseed Oil futures will be adjusted to 10% and ±9% respectively. Margins and price limits of White Sugar, Cotton and Purified Terephthalic Acid futures will be adjusted to 8% and ±7% respectively.
Trading will be resumed on September 18, 2024. From the settlement of the first trading day on which limit-locked market does not occur on the contract with the largest open interest of such product, margins and price limits of RM2411, RM2501, OI2411, OI2501, SM2410, SM2411, SM2412, SM2501 will be 10% and ±9% respectively. Margins and price limits of other futures contracts will be restored to standards before the adjustments.
In case the above adjusted margins and price limits vary from the current ones, the higher ones will prevail.
All members are required to strengthen capital and position risks management, and to remind clients to improve risk awareness.
Attachment Adjustments of Margins and Price Limits of ZCE Pro.doc
