According to Clause 9 of the “Measures of Dalian Commodity Exchange for Risk Management” and after determination upon discussion, DCE will make the following adjustments to the trading margin and price limits of each product before and after the market closure during the 70th Anniversary of the Victory of the Chinese People's War of Resistance against Japanese Aggression and the World Anti-Fascist War.
As of the settlement on September 1, 2015 (Tuesday), the price limit and the minimum trading margin of Soybean Meal, Corn, RBD Palm Olein and LLDPE will be adjusted to 5% and 6% respectively, those of Iron Ore will be adjusted to 5% and 7% respectively, and the price limit and the minimum trading margin of other products will remain unchanged.
From September 7, 2015 (Monday) when trading resumes and the settlement time of the first trading day when the two contracts with the largest open interest of Soybean Meal, Corn, RBD Palm Olein and LLDPE do not simultaneously have interrupted quotations on one side at the price limit, the price limit and the minimum margin of them will return to 4% and 5%, respectively.
From the settlement on September 7, 2015 (Monday), the price limit and the minimum margin of Iron Ore will be adjusted to 5% and 6% respectively.
As regards the contracts meeting the requirements of the “Measures of Dalian Commodity Exchange for Risk Management” for the adjustments to both the trading margin and the price limit, their minimum trading margin rate and price limit rate will be the greater one of the stipulated figures.
Besides, in order to help member units understand the after-hours trading time during the 70th Anniversary of the Victory of the Chinese People's War of Resistance against Japanese Aggression and the World Anti-Fascist War, DCE hereby issues a notice as follows:
No after-hours trading will be carried out on the night of September 2 (Wednesday); the call auction time for all the products on September 7 is 08:55 to 09:00, and after-hours trading will be resumed on the night of September 7.
Other regulations on after-hours trading should be subject to relevant detailed rules. Member units are required to remind their clients of the after-hours trading time, in order to ensure smooth market operation.
