According to Article 9 of the “DCE Risk Management Measures” and after determination upon discussion, DCE will make the following adjustments to the trading margin standard and the trading limit of each product before or after the market closing time during the Spring Festival of 2014.
As of the clearing on January 29, 2014 (Wednesday), the trading limit and the minimum trading margin of No. 1 soybean, No. 2 soybean, corn, soybean meal, soybean oil, palm oil, polyethylene, PVC, and iron ore have been adjusted to 6% and 8%, respectively; the trading limit of egg has been adjusted to 6% and its minimum trading margin standard has remained at 8%; the trading limit and the minimum trading margin of coke and coking coal have been adjusted to 7% and 9%, respectively; and those of blockboard and fiberboard have been adjusted to 8% and 10%, respectively.
After February 7, 2014 (Friday), when trading resumes and since the settlement time of the first trading day when the two contracts with the largest open interest of each product do not have interrupted quotations simultaneously on the trading limit side, the minimum trading margin of No. 1 soybean, No. 2 soybean, soybean meal, corn, soybean oil, palm oil, polyethylene, PVC, coking coal, coke, and iron ore contracts shall return to 5%, and their trading limit to 4%. The minimum trading margin of egg contract shall remain at 8% and its trading limit shall return to 4%. The minimum trading margin of fiberboard and blockboard shall return to 7% and their trading limit shall be adjusted to 5%.
With regard to the contracts meeting the requirements of the “DCE Risk Management Measures” for the adjustment of the trading margin standard and the trading limit, their trading margin standard and trading limit shall be the larger one of the stipulated figures.