Notification on Market Risk Control during Qing-Ming Festival Holiday in 2022

Date: 2022-03-30

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All members:

According to the holiday schedule of SGE, the market will be closed from April 2nd (Saturday) to April 5th (Tuesday), and will be reopened on April 6th (Wednesday). There will be no night trading session on April 1st (Friday).

Margin rates and price limits of SGE deferred contracts will remain unchanged during Qing-Ming Festival Holiday. If a limit-locked market occurs on March 31st (Thursday), SGE will raise margin rates and price limits according to Measures for the Administration of Risk Control of the Shanghai Gold Exchange.

Considering the complicated international market situation and the domestic pandemic status, please be alert of various risks and make detailed contingent plans, as well as remind customers to be prudent and rational during trading, and appropriately manage open interests so as to ensure healthy and stable operation of the market.

Shanghai Gold Exchange
March 30, 2022

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