Shanghai International Energy Exchange releases a notice adjusting the trading margin ratios and daily price limit ranges for newly listed futures contracts such as crude oil. The daily price limit for crude oil SC2903, low sulfur fuel oil LU2703, and rubber NR2702 contracts is adjusted to 9%. The margin ratio for position trading is adjusted to 10%, and the margin ratio for general trading positions is adjusted to 11%. The daily price limit for international copper BC2702 contracts is adjusted to 10%. The margin ratio for position trading is adjusted to 11%, and the margin ratio for general trading positions is adjusted to 12%.
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Shangqi Energy: Adjusted the margin requirements and daily price limit ranges for newly listed crude oil and other futures contracts
Shanghai International Energy Exchange releases a notice adjusting the trading margin ratios and daily price limit ranges for newly listed futures contracts such as crude oil. The daily price limit for crude oil SC2903, low sulfur fuel oil LU2703, and rubber NR2702 contracts is adjusted to 9%. The margin ratio for position trading is adjusted to 10%, and the margin ratio for general trading positions is adjusted to 11%. The daily price limit for international copper BC2702 contracts is adjusted to 10%. The margin ratio for position trading is adjusted to 11%, and the margin ratio for general trading positions is adjusted to 12%.