Zhengzhou Commodity Exchange: The trading margin requirement for the Power Coal Futures Contract 2703 is 50%, with a daily price limit of 10%.

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A notice from the Zhengzhou Commodity Exchange (ZCE): after research and consideration, it has been decided that the trading margin requirement for the thermal coal futures contract 2703 will be 50%, and the daily price limit (limit up/down) will be 10%. If the trading margin requirement and daily price limit applicable under the rules are higher than the above standards, the higher values shall still be implemented in accordance with the relevant provisions. The maximum number of positions that non-futures-company members or clients may open in a single day is 20 lots. The maximum number of positions opened in a single day refers to the sum of the non-futures-company member or client’s buy open positions and sell open positions in a single futures contract on that day. For account groups under actual control relationships, the maximum number of positions opened in a single day shall be executed in accordance with the limit for an individual customer. The number of positions opened for hedging transactions and for market-making transactions is not subject to trading limits.

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