Zhengzhou Commodity Exchange issues announcement on matters related to the thermal coal futures 2703 contract

Golden Ten Data Futures News on March 5: Zhengzhou Commodity Exchange announced the following matters regarding the thermal coal futures contract 2703: The trading margin standard is 50%, and the price limit is 10%. The maximum number of open positions per day for non-futures company members or clients is 20 lots. The daily open position quantity refers to the sum of buy and sell open positions on a single futures contract by non-futures company members or clients on the same day. The maximum number of daily open positions for accounts under actual control relationships is executed according to a single client. The open position quantity for hedging and market-making transactions is not subject to trading limits.