Zhengzhou Commodity Exchange issued an announcement regarding matters related to the power coal futures contract 2703.
Zhengzhou Commodity Exchange Announcement: The relevant matters of the power coal futures contract 2703 are announced as follows: the trading margin standard is 50%, and the daily price limit is 10%. The maximum number of open positions for non-futures company members or clients in a single day is 20 lots. The daily open position quantity refers to the sum of the buying and selling open positions on a single futures contract by non-futures company members or clients on the same day. The maximum number of open positions for accounts under actual control is executed on a per-client basis. The open position quantity for hedging and market-making trades is not subject to trading limits.
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