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 2015 National Day:
As of the settlement on September 29, 2015 (Tuesday), the price limit and the minimum trading margin of No. 1 Soybeans, No. 2 Soybeans, Soybean Oil, RBD Palm Olein, Soybean Meal, Corn, Corn Starch, Coking Coal, Metallurgical Coke, LLDPE, PVC and PP will be adjusted to 6% and 8% respectively; those of Iron Ore will be adjusted to 7% and 9% respectively; the price limit and the minimum trading margin of the futures of Egg, Blockboard and Fiberboard will remain unchanged.
When trading resumes from October 8, 2015 (Thursday), from the settlement time of the first trading day when the two contracts with the largest open interest of all the futures do not simultaneously have interrupted quotations on one side at the price limit, the price limit and the minimum margin of Iron Ore futures will return to 5% and 6% respectively; those of all other futures (except for Egg, Fiberboard and Blockborad) will return to 4% and 5% 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 2015 National Day, DCE hereby issues a reminder as follows:
No after-hours trading will be carried out on the night of September 30 (Wednesday); the call auction time for all the products on October 8 is 08:55 to 09:00, and after-hours trading will be resumed on the night of October 8.
Other requirements for 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.