Risk Indication of China Cocoon & Silk Exchange Clearing Co., Ltd. dated on September 4th, 2006
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PublishDate:
2006-09-05 16:34:00
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Date:September 4th, 2006
China Cocoon & Silk Exchange Clearing Co., Ltd.
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Risk Indication to all members
Date:September 4th, 2006
As the risk of Dried Cocoon and Raw Silk Electronic Contract Transaction is growing, China Cocoon & Silk Exchange warns both buying and selling sides to control trading risk and shall adjust minimum price variable for all commodities to control up and down price fluctuation and/or adjust the ratio of trading margin of all commodities according to Article 15 of Trial Implementing Regulations on Contract Transaction Clearing of Jiaxing China Cocoon & Silk Exchange Clearing Co.,Ltd.