shanghai international energy exchange has released its circular on the trading margin rate and price limit of ec2504 futures contract as follows:
all related parties,
as from april 30, 2024, the trading margin rate of ec2504 futures contract will be 20% of the contract value and the price limit will be ±18% from the settlement price of that day. on the first trading day, the price limit will be twice of that.
the market will resume trading on may 6, 2024. as from the first trading day without a limit-locked market, the trading margin rate of ec2504 futures contract will be 17% of the contract value and the price limit will be ±15% from the settlement price of that day.
please refer to the risk management rules of the shanghai international energy exchange for implementing other provisions concerning the trading margin rates and the price limits.
in the event of any inconsistency between the chinese version and english translation, the chinese version shall prevail.
shanghai international energy exchange
april 25, 2024