DCE & SHFE Temporarily Raise Trading Margins
DCECGTN

DCE & SHFE Temporarily Raise Trading Margins

Dalian Commodity Exchange has decided to make the following adjustments to the price limits and the trading margins for futures of each product before and

Dalian Commodity Exchange has decided to make the following adjustments to the price limits and the trading margins for futures of each product before and after the 2021 New Year’s Day holidays. From the settlement on December 30 (Wednesday), 2020, the speculation trading margins of Iron Ore futures will be adjusted from 11% to 12% (the speculation margin of contract I2105 will remain 15% unchanged), the price limits and hedging trading margins will remain 10% unchanged

The price limits of Coke and Coking Coal futures will be adjusted from 8% to 10%, the hedging trading margins and speculation trading margins will be adjusted from 8% and 9% to 10% and 11%, respectively

After the trading is resumed on January 4, 2021, the price limits and the trading margins of Iron Ore, Coke, Coking Coal will remain unchanged as the same standards during the New Year’s Day holidays; the price limits and the trading margins of other futures will remain unchanged.

At the same time, Shanghai Futures Exchange also announced that as of the end of December 30 it will increase the trading margin for rebar, wire rod, hot rolled coil and stainless steel futures from 7 percent to 9 percent, while adjusting the daily fluctuation limit of prices for the abovementioned items from 5 percent to 7 percent. As of January 4, SHFE will restore the rates to the levels in effect before the New Year holiday.

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