According to Clause 9 of the “Measures of Dalian Commodity Exchange for Risk Management”, it has been decided upon discussion that DCE would make the following adjustments to the trading margin and price limits of each product before and after the 2016 National Day holiday:
From the settlement on September 29, 2016 (Thursday), the price limits of RBD Palm Olein will be adjusted to 8% with the minimum trading margin to be adjusted to 10%; the price limits and the minimum trading margin of all other futures products (except Egg, Blockboard and Fiberboard) will be adjusted to 7% and 9% respectively; those of Coking Coal and Metallurgical Coke will remain unchanged.
After the trading is resumed on October 10, 2016 (Monday), from the settlement time of the first trading day when the situation of “no continuous quotes on one side at the price limit” does not occur on the two contracts with the largest open interest at the same time for all futures products, the price limits and the minimum margin of the Soybean oil, Soybean Meal and RBD Palm Olein futures shall be adjusted to 5% and 7% respectively, and those of other futures products shall be restored to the levels before the settlement on September 29.
As regards the contracts both meeting the requirements for adjusting the trading margin and price limits stipulated by the “Measures of Dalian Commodity Exchange for Risk Management”, their minimum trading margin and price limits shall be subject to the bigger one provided by the Measures.
In addition, we remind the member units of the after-hours trading time during the 2016 National Day holiday, as follows:
No after-hours trading will be carried out on the night of September 30 (Friday). The call auction time for all the futures on October 10 is 08:55 to 09:00. The after-hours trading will be resumed on the night of October 10.
Other requirements for the after-hours trading shall be implemented on the basis of the related detailed rules. Member units shall effectively remind the clients of the after-hours trading time in order to ensure smooth market operation.