Shanghai Futures Exchange Modifies Aluminum Tick Size And Position Limit

Date 26/04/2007

SHFE has announced revising the tick size and position limit for its aluminum futures contract.

From contract AL0805 and forward, the tick size is 5yuan/ton.
From contract AL0709 and forward, the position limit one month prior to the spot month is:
for brokerage member, 10000 lots;
for non-brokerage member, 1500 lots;
for investor, 1000 lots.