Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Shanghai Gold Exchange: Notice On Adjusting Margin Rate And Price Limit Of Silver Deferred Contracts

Date 08/04/2024

In accordance with the Measures for the Administration of Risk Control of Shanghai Gold Exchange, SGE will adjust margin rate and price limit for silver deferred contracts.

The details are as follows:

  • As of after-hours clearing on April 9, 2024 (Tuesday), margin rate for Ag (T+D) contracts will be adjusted from 10% to 12%, and price limit will be adjusted from 9% to 11% from the following trading day.
  • All members shall raise risk prevention awareness, make detailed risk contingency plans, remind investors to be prudent in risk prevention, reasonably control positions, be rational during trading and ensure the stable and healthy operation of the market.