關(guān)于2022年清明節(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〔2022〕146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》第九條規(guī)定，經(jīng)研究決定，對(duì)2022年清明節(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2022年3月31日結(jié)算時(shí)起，普麥、強(qiáng)麥、早秈稻、粳稻和晚秈稻期貨合約的交易保證金標(biāo)準(zhǔn)調(diào)整為15%；PTA、菜油、菜粕、甲醇、蘋果、尿素和短纖期貨合約的交易保證金標(biāo)準(zhǔn)調(diào)整為10%，漲跌停板幅度調(diào)整為9%；其中蘋果期貨2205合約及尿素期貨2205合約的交易保證金標(biāo)準(zhǔn)仍為18%，菜粕期貨2205合約的交易保證金標(biāo)準(zhǔn)仍為15%，菜粕期貨2207、2208、2209及2211合約的交易保證金標(biāo)準(zhǔn)仍為12%。
二、2022年4月6日恢復(fù)交易后，自品種持倉(cāng)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，普麥、強(qiáng)麥、早秈稻、粳稻和晚秈稻期貨合約的交易保證金標(biāo)準(zhǔn)為15%；蘋果期貨2210合約、菜油期貨2209合約及尿素期貨2209合約的交易保證金標(biāo)準(zhǔn)為10%，漲跌停板幅度為9%；PTA期貨2209合約的交易保證金標(biāo)準(zhǔn)為8%，漲跌停板幅度為7%；其他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(cāng)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：2022年清明節(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
2022年3月29日
附 件
2022年清明節(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） | 清明節(jié)期間 （交易保證金標(biāo)準(zhǔn)/漲跌停板幅度） | 清明節(jié)后 （交易保證金標(biāo)準(zhǔn)/漲跌停板幅度） |
普麥 | 8%/7% | 15%/7% | 15%/7% |
強(qiáng)麥 | 12%/7% | 15%/7% | 15%/7% |
早秈稻 | 8%/7% | 15%/7% | 15%/7% |
晚秈稻 | 8%/7% | 15%/7% | 15%/7% |
粳稻 | 8%/7% | 15%/7% | 15%/7% |
PTA | 7%/6%（其中2205合約為8%/7%） | 10%/9% | 7%/6%（其中2205及2209合約為8%/7%） |
菜油 | 8%/7% | 10%/9% | 8%/7%（其中2209合約為10%/9%） |
蘋果 | 8%/6%（其中2204合約為15%/9%，2205合約為18%/9%） | 10%/9%（其中2205合約交易保證金標(biāo)準(zhǔn)為18%） | 8%/6%（其中2205合約為18%/9%，2210合約為10%/9%，2204合約漲跌停板幅度為9%） |
尿素 | 7%/6%（其中2204合約為15%/9%，2205合約為18%/9%） | 10%/9%（其中2205合約交易保證金標(biāo)準(zhǔn)為18%） | 7%/6%（其中2205合約為18%/9%，2209合約為10%/9%，2204合約漲跌停板幅度為9%） |
菜粕 | 8%/7%（其中2205合約為15%/8%，2207至2211合約為12%/8%） | 10%/9%（其中2205合約交易保證金標(biāo)準(zhǔn)為15%，2207至2211合約交易保證金標(biāo)準(zhǔn)為12%） | 恢復(fù)至調(diào)整前水平 |
甲醇 | 8%/7%（其中2204及2205合約為10%/9%） | 10%/9% | 恢復(fù)至調(diào)整前水平 |
短纖 | 8%/7% | 10%/9% | 恢復(fù)至調(diào)整前水平 |
Notice on Adjustments to Margins and Price Limits of ZCE Products during 2022 Qingming Festival Holidays
To Members:
According to Article 9 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 March 31, 2022, margins of Common Wheat, Strong Gluten Wheat, Early Long-Grain Nonglutinous Paddy, Medium to Short-Grain Nonglutinous Paddy and Late Long-Grain Nonglutinous Paddy futures will be 15%; margins and price limits of Purified Terephthalic Acid, Rapeseed Oil, Rapeseed Meal, Methanol, Fresh Apple, Urea and Polyester Staple Fiber futures will be 10% and ±9%, respectively. In which, margins of UR2205 and AP2205 will still be 18%, margins of RM2205 will still be 15%, margins of RM2207, RM2208, RM2209 and RM2211 will still be 12%.
Trading will be resumed on April 6, 2022. 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 of Common Wheat, Strong Gluten Wheat, Early Long-Grain Nonglutinous Paddy, Medium to Short-Grain Nonglutinous Paddy and Late Long-Grain Nonglutinous Paddy will be 15%; margins and price limits of AP2210, OI2209 and UR2209 will be 10% and ±9%, respectively; margins and price limits of TA2209 will be 8% and ±7%, respectively; margins and price limits of other futures 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
March 29, 2022
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 During2022 Qingming Festival Holidays
Futures | Present (margin/price limit) | During the holidays (margin/price limit) | After the holidays (margin/price limit) |
Common Wheat | 8%/7% | 15%/7% | 15%/7% |
Strong Gluten Wheat | 12%/7% | 15%/7% | 15%/7% |
Early Long-Grain Nonglutinous Paddy | 8%/7% | 15%/7% | 15%/7% |
Medium to Short-Grain Nonglutinous Paddy | 8%/7% | 15%/7% | 15%/7% |
Late Long-Grain Nonglutinous Paddy | 8%/7% | 15%/7% | 15%/7% |
Purified Terephthalic Acid | 7%/6% (margins and price limits of TA2205 are 8%/7%) | 10%/9% | 7%/6% (margins and price limits of TA2205 and TA2209 will be 8%/7%) |
Rapeseed Oil | 8%/7% | 10%/9% | 8%/6% (margins and price limits of OI2209 will be 10%/9%) |
Fresh Apple | 8%/6% (margins and price limits of AP2204 are 15%/9%, of AP2205 are 18%/9%) | 10%/9% (margins of AP2205 will still be 18%) | 8%/6% (margins and price limits of AP2205 will be 18%/9%, of AP2210 will be 10%/9%, price limits of AP2204 will be 9%) |
Urea | 7%/6% (margins and price limits of UR2204 are 15%/9%, of UR2205 are 18%/9%) | 10%/9% (margins of UR2205 will still be 18%) | 7%/6% (margins and price limits of UR2205 will be 18%/9%, of UR2209 will be 10%/9%, price limits of UR2204 will be 9%) |
Rapeseed Meal | 8%/7% (margins and price limits of RM2205 are 15%/8%, of RM2207, RM2208, RM2209 and RM2211 are 12%/8%) | 10%/9% (margins of RM2205 will still be 15%, of RM2207, RM2208, RM2209 and RM2211 will still be 12%) | Restored to standards before the adjustments |
Methanol | 8%/7% (margins and price limits of MA2204 and MA2205 are 10%/9%) | 10%/9% | Restored to standards before the adjustments |
Polyester Staple Fiber | 8%/7% | 10%/9% | Restored to standards before the adjustments |