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  Starting from October 18, 2021, government bonds will be accepted by Shanghai International Energy Exchange (INE) as margin collaterals. In compliance with the   Clearing Rules of the Shanghai International Energy Exchange , INE hereby notifies the relevant issues as follows: 1. Processing Time The application for the posting or withdrawal of government bonds as margin collaterals shall be submitted to INE before 2:30 pm on each trading day. Detailed processing time is as follows:   2. Fees For government bonds posted as collateral, the fee rate is 5 basis points (annualized). Fees will be calculated based on the daily value after haircut and collected monthly. For China derivatives market access and more market information please contact sherry_ustc@163.com For more China derivatives market news please visit   FangQuant

 SHFE: 　　Shanghai International Energy Exchange has released its  Circular on Trading Adjustments for the Mid-Autumn Festival 2021  as follows: 　　In accordance with  Trading Schedule during National Holidays for Year 2021  and  Risk Management Rules of the Shanghai International Energy Exchange , Shanghai International Energy Exchange hereby notifies the trading adjustments for the Mid-Autumn Festival 2021 as follows: 　　The market will be closed from 3:00 p.m. of September 17, 2021 to September 21, 2021. 　　The market will resume trading on September 22, 2021 with the central auction session from 8:55 a.m. to 9:00 a.m. and the continuous trading on the night of that day. 　　All Members and Overseas Special Participants shall manage risks in a sound manner to ensure the smooth functioning of the market. INE: 　In accordance with  Trading Schedule during National Holidays for Year 2021  and  Risk Management Rules of the Shanghai International Ener...

  On September 2, Shanghai International Energy Exchange (INE), a subsidiary of Shanghai Futures Exchange (SHFE), has released the amended Clearing Rules of the Shanghai International Energy Exchange and Delivery Rules of the Shanghai International Energy Exchange, formally accepting Chinese government bonds as margin collaterals. The two amended rules will come into effect on October 18, 2021. There are three major additions to the updated Clearing Rules. First, the provision that “book-entry Chinese government bonds issued in the Chinese Mainland by the Ministry of Finance of the People’s Republic of China” can be used as margin. Second, the provision that “Any Client, Overseas Intermediary, or OSP that posts assets as margin is deemed to have given consent to its carrying FF Member to post the assets at the Exchange [i.e., INE] as margin,” and the related consent clause, which states “Any Client, OSP, Overseas Intermediary, or Member that posts assets as margin is deemed to have...