Shanghai Futures Exchange: Notice On The Adjustments To Transaction Fees And Margin Requirements On Fuel Oil Contracts

Upon our consideration, it has been decided that the following adjustments shall be made to the transaction fees and margin requirement on fuel oil contracts in accordance with Article 4 of the Risk Management Rules of Shanghai Futures Exchange: 

Effective from the time of market closing on September 1, 2017, the margin requirements on fuel oil contracts shall be adjusted from 20% to 40%, and the transacation fees shall be adjusted from 0.2‱ of the turnover to 2‰ of the turnover.