關(guān)于2024年春節(jié)期間調(diào)整部分期貨合約交易保證金標(biāo)準(zhǔn)和漲跌停板幅度的通知
鄭商函〔2024〕71號(hào)
各會(huì)員單位：
根據(jù)《鄭州商品交易所期貨交易風(fēng)險(xiǎn)控制管理辦法》第八條規(guī)定，經(jīng)研究決定，對(duì)2024年春節(jié)期間部分期貨合約交易保證金標(biāo)準(zhǔn)和漲跌停板幅度作出如下調(diào)整：
一、自2024年2月7日結(jié)算時(shí)起，白糖、棉花、棉紗、菜粕、菜油、PTA、短纖和甲醇期貨合約的交易保證金標(biāo)準(zhǔn)為10%，漲跌停板幅度為9%；尿素期貨合約的交易保證金標(biāo)準(zhǔn)為11%，漲跌停板幅度為9%。
二、2024年2月19日恢復(fù)交易后，自品種持倉量最大的合約未出現(xiàn)漲跌停板單邊市的第一個(gè)交易日結(jié)算時(shí)起，菜粕、菜油期貨合約的交易保證金標(biāo)準(zhǔn)為7%，漲跌停板幅度為6%；硅鐵、錳硅期貨合約的交易保證金標(biāo)準(zhǔn)為9%，漲跌停板幅度為8%；其他品種期貨合約的交易保證金標(biāo)準(zhǔn)和漲跌停板幅度恢復(fù)至調(diào)整前水平。
按規(guī)則規(guī)定執(zhí)行的交易保證金標(biāo)準(zhǔn)和漲跌停板幅度高于上述標(biāo)準(zhǔn)的，仍按原規(guī)定執(zhí)行。
請(qǐng)各會(huì)員單位加強(qiáng)資金和持倉風(fēng)險(xiǎn)管理，提醒投資者強(qiáng)化風(fēng)險(xiǎn)意識(shí)，加強(qiáng)風(fēng)險(xiǎn)防范。
特此通知。
附件：2024年春節(jié)期間交易保證金標(biāo)準(zhǔn)和漲跌停板幅度
調(diào)整情況
鄭州商品交易所
2024年2月2日
附 件
2024年春節(jié)期間交易保證金標(biāo)準(zhǔn)和漲跌停板幅度調(diào)整情況
品種 | 調(diào)整前 （交易保證金標(biāo)準(zhǔn)/ 漲跌停板幅度） | 2月7日結(jié)算時(shí)起 （交易保證金標(biāo)準(zhǔn)/ 漲跌停板幅度） | 2月19日恢復(fù)交易 （交易保證金標(biāo)準(zhǔn)/ 漲跌停板幅度） |
硅鐵 | 12%/10% | 12%/10% | 9%/8% |
錳硅 | 12%/10% | 12%/10% | |
菜粕 | 9%/8% | 10%/9% | 7%/6% |
菜油 | 9%/8% | 10%/9% | |
短纖 | 8%/7% | 10%/9% | 恢復(fù)至調(diào)整前水平 |
甲醇 | 8%/7% | 10%/9% | |
尿素 | 8%/7%（尿素2403至2405合約交易保證金標(biāo)準(zhǔn)為11%，尿素2402至2405合約漲跌停板幅度為9%） | 11%/9% | |
棉花 | 7%/6%（棉花2403及2405合約為9%/8%） | 10%/9% | |
棉紗 | 7%/6% | 10%/9% | |
白糖 | 7%/6% | 10%/9% | |
PTA | 7%/6% | 10%/9% |
Notice on Adjustments to Margins and Price Limits of ZCE Products during 2024 Spring Festival Holidays
To Members:
According to Article 8 of the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:
From the settlement on February 7, 2024, margins and price limits of Sugar, Cotton, Cotton Yarn, Rapeseed Meal, Rapeseed Oil, Purified Terephthalic Acid, Polyester Staple Fiber and Methanol futures will be adjusted to 10% and 9% respectively. Margins and price limits of Urea futures will be adjusted to 11% and 9% respectively.
Trading will be resumed on February 19, 2024. From the settlement of the first trading day on which limit-locked market does not occur on the contract with the largest open interest of such product, margins and price limits of Rapeseed Meal, Rapeseed Oil futures will be adjusted to 7% and 6% respectively. Margins and price limits of Ferrosilicon, Manganese Silicon futures will be adjusted to 9% and 8% respectively. Margins and price limits of other futures contracts will be restored to standards before the adjustments.
In case the above adjusted margins and price limits vary from the current ones, the higher one will prevail.
All members are required to strengthen capital and position risks management, and to remind clients to improve risk awareness.
Zhengzhou Commodity Exchange
February 2, 2024
Disclaimer: This English version may be used for reference only. If there is any discrepancy between the English version and the Chinese version, the Chinese version shall prevail.
Attachment
Adjustments of Margins and Price Limits of ZCE Products During 2024 Spring Festival Holidays
Futures Contracts | Present (margin/price limit) | From the settlement on February 7th (margin/price limit) | Since February 19th (margin/price limit) |
Ferrosilicon | 12%/10% | 12%/10% | 9%/8% |
Manganese Silicon | 12%/10% | 12%/10% | |
Rapeseed Meal | 9%/8% | 10%/9% | 7%/6% |
Rapeseed Oil | 9%/8% | 10%/9% | |
Polyester Staple Fiber | 8%/7% | 10%/9% | restored to standards before the adjustments |
Methanol | 8%/7% | 10%/9% | |
Urea | 8%/7%(Margins of UR2403,UR2404 and UR2405 are 11%, price limits of UR2402,UR2403,UR2404 and UR2405 are9%) | 11%/9% | |
Cotton | 7%/6%(Margins and price limits of CF2403 and CF2405 are 9%/8%） | 10%/9% | |
Cotton Yarn | 7%/6% | 10%/9% | |
White Sugar | 7%/6% | 10%/9% | |
Purified Terephthalic Acid | 7%/6% | 10%/9% |