Risk Indication of China Cocoon & Silk Exchange Clearing Co., Ltd. dated on July 21,2006
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Risk Indication of China Cocoon & Silk Exchange Clearing Co., Ltd. dated on July 21,2006
China Cocoon & Silk Exchange Clearing Co., Ltd.
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Risk Indication to all members
Date:July 21,2006
Whereas total contracts of Dried Cocoon and Raw Silk B concentrate in some individual months, China Cocoon & Silk Exchange shall gradually adjust the ratio of trading margin of Dried Cocoon and Raw Silk B according to Article 15 of Trial Implementing Regulations on Contract Transaction Clearing of Jiaxing China Cocoon & Silk Exchange Clearing Co.,Ltd. in cases where deemed necessary in order to control trading risk and ensure the delivery for both contracting parties.