Skip to main content

CFFEX: Notice on the 2023 International Workers Day Holiday Arrangements

 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 resumes on May 4, 2023 (Thursday), from the settlement on the first trading day without occurrence of One-Sided Market in the contract with the largest open interest of such product, the trading margin of CSI 300 index futures, SSE 50 index futures, CSI 500 index futures and CSI 1000 index futures will be adjusted to 12%.

(3) The margin adjustment factor of CSI 300 index options, SSE 50 index options and CSI 1000 index options will be adjusted according to the trading margin of corresponding index futures.


Table: Adjustments to trading margin during the International Workers' Day holiday 2023



With the holiday approaching, all member entities are required to strengthen risk management and client service, inform clients of relevant arrangements and potential risks, enhance management of client funds, so as to guarantee the stable and safe functioning of the market. All member entities shall continue to enhance operational safety, identify and prevent risks related to system operations and network security, strengthen monitoring and inspection of the IT system and take measures to guarantee system maintenance and network security, so as to ensure stable system operations during the holiday and be prepared for the orderly resumption of post-holiday trading with system readiness and sound business arrangements. 


Member entities shall timely report to the Exchange in case of any emergency or risk event.


Please contact 

+86-21-50160801 for trading-related questions 

+86-21-50160263 for clearing-related questions 

+86-21-50160311 for surveillance-related questions

+86-21-50160508 for IT-related questions.

Labels:

Comments

Post a Comment

Popular posts from this blog

ZCE: Circular on Expanding the Investment Scope of Qualified Foreign Investors in Commodity Futures and Options

  With the approval of the China Securities Regulatory Commission (CSRC), starting from   March 4 , 202 5  (i.e. from the continuous trading session on  March   3 , 202 5 ),  Zhengzhou Commodity  Exchange  ( ZCE ) will expand the investment scope of Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors (hereinafter collectively referred to as Qualified Foreign Investors, QFI s ) to include the following commodity futures and options: 1.P araxylene , b ottle-grade PET resin , m anganese silicon , r apeseed meal , peanut kernel f utures contracts; 2. P araxylene , b ottle-grade PET resin , m anganese silicon , r apeseed meal , peanut kernel, polyester stable fiber  options contracts . For China derivatives market access and more market information please contact  sherry_ustc@163.com
Post a Comment
Read more

Guangzhou Futures Exchange to Launch Polysilicon Futures, Options

 The Guangzhou Futures Exchange(GFEX), set up in 2021 with a focus on the green economy, will introduce polysilicon futures and options next week, allowing China’s solar industry to hedge against price volatility and strengthen its global competitiveness. Polysilicon futures contracts will be listed on Dec. 26 and options contracts the next day, the bourse announced on Dec. 13. These will be the third set of futures and options products launched by the GFEX, following industrial silicon and lithium carbonate, which began trading in December 2022 and July last year. Industrial silicon futures and options have been trading smoothly for nearly two years, and the launch of polysilicon products will provide more precisely tailored tools for the photovoltaic industry supply chain, helping to consolidate China’s competitive advantages in the global PV sector, an industry insider told media. The first batch of seven polysilicon futures and related options will have minimum trading volumes ...
Post a Comment
Read more

INE Apporved TSR 20 Brand Registration of Sri Trang, Hevea and KIRANA

Announcement on the Approval of Sri Trang Agro-Industry Public Co. Ltd. to Add TSR 20 Deliverable Commodity 　　 The Shanghai International Energy Exchange (INE) has recently received the application materials from Sri Trang Agro-Industry Public Co. Ltd. Accordingly, INE issues the following decisions: 　　 1. INE approves the registration of TSR 20 produced by BD10 factory of Sri Trang Agro-Industry Public Co. Ltd. as deliverable commodity of INE, and this brand will be subject to standard delivery prices; 　　 2. TSR 20 produced by BD10 factory of Sri Trang Agro-Industry Public Co. Ltd. from the date of this Announcement can be loaded in and standard warrants can be issued.  BD10 factory product information: 　　 Registrant: Sri Trang Agro-Industry Public Co. Ltd. 　　 Country: Thailand 　　 Brand: Sri Trang 　　 Factory code: BD10 　　 Delivery product: STR 20 　　 Executive Standard: in accordance with contract specifications 　　 Labeling: (as shown below) Announcement on the Ap...
Post a Comment
Read more