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INE change the trading margin rate

Fang submitted 2018-07-10 20:23:11

Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies that the adjustment of trading margin rate of the following crude oil futures contracts will come into effect due to closing settlement in July 11th, 2018:

The trading margin rate of SC1810 will be adjusted from 7% to 5.5%.

The trading margin rate of SC1811 will be adjusted from 7% to 6%.

According to the notice, when sizes of position after the closing of the contract is more than 30 thousand lots (both of the long or short position) for the first time, the trading margin from the closing settlement of the same day has been restored to 7%.

In the case that the above adjusted trading margin rate vary from INE’s rules, the higher ones will prevail.

Please refer to Risk Management Rules of the Shanghai International Energy Exchange for implementing other provisions concerning the trading margin.

INE hereby notifies as the above.

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