Skip to main content

INE:Circular on Posting Government Bonds as Margin Collaterals

 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

Labels:

Comments

Post a Comment

Popular posts from this blog

INE: Circular on Adding the Deliverable Crude Oil for Crude Oil Futures

  In accordance with the Contract of Crude Oil Futures of Shanghai International Energy Exchange(hereinafter referred to as INE) and the Delivery Rules of Shanghai International Energy Exchange, INE hereby decides to add Murban crude oil as deliverable crude. The loading port is set to be either Fujairah Terminal or Jebel Dhanna Terminal. The grade and price differential of the newly-added deliverable crude oil are stipulated as follows:   Grade and Price Differential of the Newly-added Deliverable. Crude Oil for INE Crude Oil Futures: Country Deliverable Crude API Gravity Sulful (%) Premium or Discount (Yuan/Barrel) United Arab Emirates Murban ≥35 ≤1.5 5 Notes: 1. API gravity = (141.5 / S.G.60/ 60 °F) – 131.5; S.G.: as per ASTM D1298. 　　　 2. Sulfur content: as per ASTM D4294.   From June 1st, 2021, the Murban crude oil will be allowed to be loaded-in and be used for standard warrant issuance and futures delivery. INE will closely track and review market development in ea...
Post a Comment
Read more

Zhengzhou Commodity Exchange listed sodium hydroxide, p-xylene futures & options on Sep 15th

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
Post a Comment
Read more

DCE: Notice on Trading Hour Arrangements for 2024 Spring Festival

  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.
Post a Comment
Read more