DC Motor Yibin Tianruida Auto Parts Co.,Ltd , https://www.trdautoparts.com
The notice pointed out that since the close of settlement on April 29, 2009, the margin level for futures contracts for copper, aluminum, zinc, rebar, wire, gold, natural rubber and fuel oil has increased from the original proportion to 9%; 2009 On April 30th of this year, the limits for futures contracts for copper, aluminum, zinc, rebar, wire rods, gold, natural rubber, and fuel oil will increase to 6%. In case of the above transaction margin ratio, the limit of rise and fall, and the ratio of the trading margin required by the current rules, and the range of price increase or decrease, the ratio shall be higher and higher in magnitude.
The notice stated that if there was no suspension of the contract in the previous period on May 4th, the ratio of the trading margin received from the settlement of the day's closing and the change limit of the next trading day would be adjusted as follows: Aluminium, zinc, gold futures contracts The trading margin is 7%, and the rate of change is limited to 5%. The trading margin for copper, rebar, wire rods, natural rubber and fuel oil futures contracts is 8%, and the rate of change is limited to 5%.
The last period stated that due to the recent uncertainties in the international market, in order to guard against the adverse effects of large fluctuations in the international market, the margin level of the copper futures contracts from May 4th has increased from 7% to 8%.
Last Session: Notice on Doing a Good Job of Market Risk Control during the May 1st 2009
As May Day approached, in order to control the futures market risk during holidays, the Shanghai Stock Exchange website on April 23 issued a “Notice on Doing a Good Job of Market Risk Control during the May 1st of 2009â€.