DCE

Iron Ore InternationalizationIron Ore Internationalization 中文

DCE Adjusts Price Limits and Minimum Trading Margin of Iron Ore Futures

Date:18 June 2019
- = +

Dalian Commodity Exchange (DCE) issues a notice on June 14 to increase the price limits and the minimum trading margin of iron ore futures. From the settlement on June 18, 2019, the price limits and the minimum trading margin of Iron Ore Futures Contract 1909 will be adjusted to 8% and 10% respectively. A DCE official says that it aims to further strengthen regulations, restrain potential over-speculation, effectively prevent risks, and ensure the safe and smooth operation of the market.

To strictly prevent and control market risks, DCE has raised the trading fee rates of iron ore futures contracts from May 30. The above increase of the price limits and minimum trading margin intends to prevent possible malicious speculation and price distortion, guide investors to involve in the market rationally, and boost the functioning of the futures, thus maintaining the stable development of the market.

Disclaimer: This English translation may be used for reference only. In cases there is any discrepancy between the English version and the original Chinese version, the original Chinese version shall prevail. Dalian Commodity Exchange may change or update this English translation without any prior notice and shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or change with regard to this English translation.

Contact Us| Disclaimer| Site Map| Search| Related Links
Address:No.129 Huizhan Road, Dalian 116023, China Tel:86-411-84807090Fax:86-411-84808530
©2016Dalian Commodity Exchange. All right reserved.