Circular dated on March 6,2006 regarding adjustment of Trading Margin requirements
Author:
admin
PublishDate:
2006-03-07 14:58:00
Hit:
510
Jiaxing China Cocoon& Silk Exchange Clearing Co., Ltd.
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Circular to all members
Date: March 6, 2006
Subject: Regarding adjustment of Trading Margin requirements
To promote the trading risk management, the company shall adjust the ratio of trading margin from the original 5% to 7% for all new contracts from June 2006 delivery month to March 2007 delivery month that are traded as of March 7. All members are hereby informed to keep suitable fund.