In accordance with the Chinese version of Detailed Rules for Trading in Night Session of Zhengzhou Commodity Exchange and Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (hereinafter referred to as “ZCE”) hereby notifies the trading adjustments for New year’s Day 2019 as follows:
1. The market will be closed from 3:00 p.m. of December 28, 2018 to January 1, 2019.
The market will resume trading on January 2, 2019 with the central auction session from 8:55 a.m. to 9:00 a.m. and the continuous trading on the night of that day.
2. If the Limit-locked market does not occur on December 27, 2018, ZCE will adjust the trading margin rate of PAT, White Sugar and Rapeseed Meal to 7% of the contract value from the settlement price of that day since the daily clearing process begins.
3. The market will resume trading on January 2, 2019. As from the first trading day without the Limit-locked market, ZCE will adjust the trading margin rates of PAT, White Sugar and Rapeseed Meal to the pre-adjustment level.
If the margin rate of the contract is higher than 7%, the futures contract shall still be executed in accordance with the original rate.
All Members and Overseas Special Participants shall manage risks in a sound manner to ensure the smooth functioning of the market.
In the event of any inconsistency between the Chinese version and English translation, the Chinese version shall prevail.

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