Exchanges Notice on Trading Arrangements and Adjustments to Price Limits and Trading Margins during 2021 New Year’s Day Holidays in China
l Trading Arrangements The Exchange trading arrangements and adjustments to price limits and trading margins for the 2021 New Year’s Day Holidays are as follows: There is no continuous trading (night session) on the night of December 31, 2020. The market will be closed from January 1, 2021 to January 3, 2021. The market will resume trading on January 4, 2021 with the central auction session from 8:55 a.m. to 9:00 a.m.. l Adjustments to Price Limits and Trading Margins (DCE, SHFE, CFFEX) DCE From the settlement on December 30 (Wednesday), 2020: Iron Ore : the speculation trading margins will be adjusted from 11% to 12% (the speculation margin of contract I2105 will remain 15% unchanged), the price limits and hedging trading margins will remain 10% unchanged; Coke and Coking Coal : the price limits will be adjusted from 8% to 10%, the hedging trading margins and speculation trading margins will be adjusted from 8% and 9% to 10% and 11%, respectively...