According to Detailed Rules for Price Matching Trading of Shanghai Gold Exchange and Measures for the Administration of Risk Control of Shanghai Gold Exchange, SGE has adjusted the margin rate of NYAuTN12 contract. Detailed adjustments are as below:
As of after-hours clearing on Tuesday, November 30, 2021, margin rate of NYAuTN12 contract will be adjusted from 8% to 10%. Margin rate will be restored back to normal level of gold contracts by after-hours clearing on Wednesday, December 15, 2021.
Please properly control the market risk, duly adjust margin requirements based on your customers’ positions and risk profiles; remind your investors to keep prudent and rational during trading, and appropriately manage positions so as to ensure the healthy and stable operation of the market.