Notice of the Zhengzhou Commodity Exchange on adjusting the margin standards and price limits for some futures contract transactions during the Spring Festival of 2022
Each member unit:
According to the provisions of Article 9 of the “Zhengzhou Commodity Exchange Futures Trading Risk Control and Management Measures”, after research and decision, the following adjustments will be made to the trading margin standards and price limits of some futures contracts during the Spring Festival in 2022:
1. Starting from the settlement on January 27, 2022, the trading margin standard for cotton and cotton yarn futures contracts will be adjusted to 11%, and the price limit will be adjusted to 10%; PTAThe trading margin standard for short fiber futures contracts is adjusted to 10%, and the price limit is adjusted to 9%.
2. After the resumption of trading on February 7, 2022, starting from the settlement of the first trading day when the contract with the largest open interest does not have a unilateral market price limit, the trading margin standard and price limit range of each contract of the above varieties will be restored to Level before adjustment.
If the trading margin standards and price limits implemented in accordance with the rules are higher than the above standards, the original regulations will still be implemented.
All member units are requested to strengthen capital and position risk management, remind investors to strengthen risk awareness, and strengthen risk prevention.
Notice is hereby given.
Zhengzhou Commodity Exchange
January 25, 2022
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