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SHFE Improve Margin Level for Copper & Aluminum
- China Aluminium Network
- Post Time: 2011/11/16
- Click Amount: 488
(China Aluminum Network) From tomorrow closing quotation on, SHFE will improve 1% of trading margin level to copper futures contract on the original basis, and aluminum futures contract will change from 6% to 7%. The day after tomorrow, the fluctuation limitation of aluminum futures contract will adjust from 4% to 5%.
In order to control risk SFHE adjust the daily fluctuation range and margin level to some trade products to ensure market safety and steady operation.
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