Notice on Market Risk Control during the Dragon Boat Festival 2022

Date: 2022-05-30

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All Members,

According to the holiday schedule of SGE, the market will be closed from June 3 (Friday) to June 5 (Sunday). The market will reopen on June 6 (Monday) and there will be no night trading session on June 2 (Thursday).

During the Dragon Boat Festival, margin rate and price limit of deferred contracts will remain unchanged. If a limit-locked market occurs on June 1 (Wednesday), SGE will increase the margin rate and price limit of the deferred contract in accordance with the Measures for the Administration of Risk Control of Shanghai Gold Exchange.

All members shall raise risk control awareness, make proper and detailed risk prevention plan, and remind individual as well as institutional investors of risk management, make rational position management, so as to ensure the healthy and table operation of the market.

Shanghai Gold Exchange
May 30, 2022

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