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INE:Circular on Adjusting Trading Margin Rates and Price Limits of TSR20 Rubber Futures Contracts

 In accordance with Risk Management Rules of the Shanghai International Energy Exchange, Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies the trading adjustments as follows:

As from October 30, 2020, INE will adjust the trading margin rates and the price limits for the contracts listed below since the daily clearing process begins:

The trading margin rate of TSR 20 Futures Contracts will be 10% of the contract value and the price limit will be ±8% from the settlement price of that day.

In the case that the above adjusted trading margin rate and price limit vary from the current ones, the higher ones will prevail.

Please refer to Risk Management Rules of the Shanghai International Energy Exchange for implementing other provisions concerning the trading margin and the price limit.

Given the recent complicated global environment, the uncertainties that may affect the futures market have been growing. Both domestic and overseas rubber prices are relatively volatile. All parties concerned shall manage risks in a sound manner and make rational investment decisions, so as to ensure the smooth functioning of the market.

In the event of any inconsistency between the Chinese version and English translation, the Chinese version shall prevail.

Appendix: The adjustment of trading margin rates and price limits of futures contracts


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