Announcement on the Amendments to the White Sugar Option Contract Specifications and the Options Trading Rules of Zhengzhou Commodity Exchange
To better help the commercial participants from white sugar industry precisely manage short-term risks, Zhengzhou Commodity Exchange plans to launch serial options on white sugar futures. The amendments to the White Sugar Option Contract Specifications and the Options Trading Rules of Zhengzhou Commodity Exchange have been adopted at the 20th meeting of the 8th Board of Governors of Zhengzhou Commodity Exchange and filed with the China Securities Regulatory Commission, and will take effect from the night trading session (on February 28,2025) of the listing day (March 3,2025) of the serial option on SR2507.
White Sugar Option Contract Specs
(Adopted at the 20th meeting of the 8th Board of Governors on October 30, 2024; effective as of March 3, 2025.)
To clarify the report requirements and transitional arrangements for program trading at the Zhengzhou Commodity Exchange (“ ZCE ”), strengthen the oversight of program trading, regulate program trading activities, and maintain an orderly and fair futures market, the following announcement is hereby given in accordance with the Program Trading Rules of Zhengzhou Commodity Exchange (“ Program Trading Rules ”). I. Program Trading Report (I) Who Needs to Submit a Report A trader at the ZCE who meets one or more of the following criteria is required to submit a report: 1. Placing and canceling 10 or more orders within 1 second on 10 or more occasions in a single trading day. For the purpose of this rule, accounts linked by actual control relationship are treated as a single client account; 2. Letting a computer to a...



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