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  To all members: According to  Notice on Trading Schedule during National Holidays for Year 202 4 ,  Zhengzhou Commodity  Exchange hereby clarifies the night trading session arrangement during 202 4   Spring Festival  holiday s  as follows: No night trading session will be carried out on the night of  Febru ary  8 , 202 4  (Thursday) . The night trading session will be resumed on the night of  Febru ary  19 , 202 4  (Monday) . The call auction session for all contracts on  Febru ary  19 , 202 4  (Monday)   is from 08:55 a.m. to 09:00 a.m. All members are requested to remind clients of the night trading session arrangement in time. According to Article 8 of the  Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange , Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:   From the settlement on February 7, 2024, margins and price limits of Sugar, Cotton, Cotton Yarn, Rapeseed Meal, Rapeseed Oil, Purified Terepht

  To all members: In accordance with the Notice on 2024 DCE Market Holiday Arrangements, the trading hour arrangements of Dalian Commodity Exchange (DCE) for the 2024 Spring Festival are hereby notified as follows: The market will be closed from February 9 (Friday) to February 17 (Saturday) for holidays, and on February 4 (Sunday) and February 18 (Sunday) for weekends. There will be no night trading session on the night of February 8 (Thursday). The market will open as usual from February 19 (Monday), with the call auction held between 8:55 a.m. and 9:00 a.m. The night trading session will resume on the night of February 19 (Monday). Members should remind their clients of the trading hour arrangements in a timely manner, so as to ensure smooth market operation.

China's securities regulator said it had approved the registration of caustic soda and xylene futures and options at the Zhengzhou Commodity Exchange on Aug 26th. The China Securities Regulatory Commission urged the Zhengzhou Commodity Exchange to get well prepared across the board, ensuring the smooth launch and sound operation of caustic soda and xylene futures and options. Sodium Hydroxide, P-xylene futures & options had been listed in ZCE on Sep 15th.    Detail of Sodium Hydroxide Futures and Options: english.czce.com.cn/en/Products/sodiumHydroxide/H810325index_1.htm Detail of PX Futures and Options: english.czce.com.cn/en/Products/paraxylene/H810324index_1.htm For China derivatives market access and more market information please contact  sherry_ustc@163.com For more China derivatives market news please visit   FangQuant

  On April 21, 2023, the China Securities Regulatory Commission (“CSRC”) issued the  Administrative Provisions on Trading Server Colocation for the Securities and Futures Markets (Consultation Paper)  (the “Administrative Provisions”). The Administrative Provisions fill a legal gap with respect to securities and futures trading server colocation. It has been common market practice for securities or futures companies to lease cabinets in an exchange or its subsidiary’ data center and sublease it to customers to host their servers, although neither the CSRC nor exchanges have formulated specific regulatory rules on server colocation. The Administrative Provisions are the only administrative departmental rules that directly regulate colocation activities. The promulgation of the Administrative Provisions improves regulations regarding market infrastructures and is conducive to the safe and stable operation of the securities and futures markets. The high-level legal foundations referenced

  Notice on the 2023 International Workers Day Holiday Arrangements 2023-04-25 CFFEX Notice〔2023〕 No.28 All member entities, According to the Notice on Market Close for Certain Public Holidays 2023 and Measures of China Financial Futures Exchange on Risk Control, China Financial Futures Exchange hereby announces the following arrangements during the 2023 International Workers' Day holiday. 1. Market Close In observance of the International Workers' Day, the market will be closed from April 29, 2023 (Saturday) to May 3, 2023 (Wednesday). The market will remain closed on April 23, 2023 (Sunday) and May 6, 2023 (Saturday). The market will resume trading on May 4, 2023 (Thursday). 2. Adjustments to trading margin during the International Workers' Day holiday 2023 (1) From the settlement on April 27, 2023 (Thursday), the trading margin of CSI 300 index futures, SSE 50 index futures and CSI 500 index futures will be adjusted to 13%, 13% and 15% respectively. (2) After trading res

  1. Development of China's Commodity Futures Market   Since 2010, the Chinese futures market had fast expanded with the launch of financial futures and Exchange-traded options. The derivatives market has entered a stage of comprehensive development from commodity futures to financial futures, from futures to options, from exchange-listed to OTC, and from domestic-investors-only to liberalized foreign investor trading.   Currently, China’s domestically listed futures and options cover 7 categories of finance, industrial metals, precious metals, chemicals, energy, black series and agricultural products, with a total of 91 varieties, including 64 commodity futures and 20 commodity futures options. Figure 1 Commodity Futures and Options in China Source: Galaxy Futures 2.    Commodity Futures Market 2.1 Market expansion In terms of time, China's commodity futures market has continued to expand steadily, and trading volume, open interest and trading value have all sh