The Shanghai Gold Exchange announced that, according to the Spring Festival holiday schedule, trading will be suspended from February 14th (Saturday) to February 23rd (Monday). Night trading will not be conducted on the evening of February 13th (Friday), and trading will resume as usual on February 24th (Tuesday). To prevent international market fluctuations in gold and silver prices during the holiday period, and in accordance with the relevant provisions of the “Risk Control Management Measures of the Shanghai Gold Exchange,” the exchange has adjusted the margin ratios, price limit up and down, and performance guarantee margin for gold and silver forward contracts. Starting from the close settlement on February 11, 2026 (Wednesday), the margin ratio for contracts such as Au (T+D), mAu (T+D), Au (T+N1), Au (T+N2), NYAuTN06, NYAuTN12, etc., will be adjusted from 18% to 21%, and the daily price limit up and down will be adjusted from 17% to 20%. The margin ratio for Ag (T+D) contracts will be adjusted from 24% to 27%, and the daily price limit up and down from 23% to 26%. The margin for the CAu99.99 contract, previously 150,000 yuan per lot, will be adjusted to 200,000 yuan per lot. If a unilateral market occurs on February 11, and the margin and price limit levels adjusted according to the relevant provisions of the “Risk Control Management Measures of the Shanghai Gold Exchange” are higher than the above standards, the higher standards will be applied. The exchange will notify separately of future adjustments to the margin ratios and price limit restrictions for these contracts after the Spring Festival.
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Shangjin Exchange: Notice on Ensuring Market Risk Control During the 2026 Spring Festival Period
The Shanghai Gold Exchange announced that, according to the Spring Festival holiday schedule, trading will be suspended from February 14th (Saturday) to February 23rd (Monday). Night trading will not be conducted on the evening of February 13th (Friday), and trading will resume as usual on February 24th (Tuesday). To prevent international market fluctuations in gold and silver prices during the holiday period, and in accordance with the relevant provisions of the “Risk Control Management Measures of the Shanghai Gold Exchange,” the exchange has adjusted the margin ratios, price limit up and down, and performance guarantee margin for gold and silver forward contracts. Starting from the close settlement on February 11, 2026 (Wednesday), the margin ratio for contracts such as Au (T+D), mAu (T+D), Au (T+N1), Au (T+N2), NYAuTN06, NYAuTN12, etc., will be adjusted from 18% to 21%, and the daily price limit up and down will be adjusted from 17% to 20%. The margin ratio for Ag (T+D) contracts will be adjusted from 24% to 27%, and the daily price limit up and down from 23% to 26%. The margin for the CAu99.99 contract, previously 150,000 yuan per lot, will be adjusted to 200,000 yuan per lot. If a unilateral market occurs on February 11, and the margin and price limit levels adjusted according to the relevant provisions of the “Risk Control Management Measures of the Shanghai Gold Exchange” are higher than the above standards, the higher standards will be applied. The exchange will notify separately of future adjustments to the margin ratios and price limit restrictions for these contracts after the Spring Festival.