CFFEX: Notice On Adjusting The Tick Size Of 2-Year China Government Bond Futures Contract

According to Contract Specifications and Detailed Trading Rules for 2-Year China government bond (CGB) futures amended and released on October 20, 2023, the tick size of all listed 2-Year CGB futures contracts will be adjusted to RMB 0.002 starting from the settlement period on November 6, 2023 (Monday). According to Article 43 of Detailed Trading Rules of China Financial Futures Exchange, if the closing price of preceding trading day is treated as the previous execution price (cp) during trading of 2-Year CGB futures contracts on November 7, 2023 (Tuesday), it should be rounded to RMB 0.002, which is the tick size of 2-Year CGB futures contracts, to determine the first execution price.