China Commodity Exchanges Notice on Trading Arrangements and Adjustments to Price Limits and Trading Margins during 2021 Spring Festival Holidays
The Exchange trading arrangements and adjustments to price limits and trading margins for the 2021 Spring Festival Holidays are as follows: l Trading Arrangements No night trading session will be carried out on the night of February 10, 2021. The market will be closed from February 11, 2021 to February 17, 2021. The market will resume trading on February 18, 2021 with the central auction session from 8:55 a.m. to 9:00 a.m. Night trading session will be resumed on the night of February 18, 2021. l Adjustments to Price Limits and Trading Margins DCE Ø During the holiday From the settlement on February 9 (Tuesday), 2021, DCE will adjust the trading margin ratio and the price limits as below Iron Ore price limit will be 11% , the hedging trading margins will be 11% and the speculation trading margins will remain 12% unchanged ( I2105 contract speculation trading margin will remain 15% unchanged); Corn price limit will be 8% , the hedging trading margins will be 8% a