All Members,
In accordance with the holiday schedule for the National Day, SGE will be closed from October 1 (Tuesday) to October 7 (Monday), and will resume normal trading on October 8 (Tuesday). There will be no night trading session on September 30 (Monday).
In case of volatile international gold and silver prices during the holiday, SGE will adjust the margin ratios and price limits of gold and silver deferred contracts and margin for performance-guarantee price asking contracts according to the Measures for the Administration of Risk Control of the Shanghai Gold Exchange. Detailed adjustments are as below:
1.Starting from the closing settlement on September 27 (Friday), the margin ratios for Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 will be adjusted from 11% to 12%, and the price limits will be adjusted from 10% to 11% starting from the next trading day; the margin ratio for Ag(T+D) will be adjusted from 16% to 17%, and the price limit will be adjusted from 15% to 16% starting from the next trading day; the margin for CAu99.99 will be adjusted from 71,000 yuan per lot to 72,000 yuan per lot.
If a limit-locked market occur on September 27, and the margin ratios and price limits adjusted according to the relevant provisions of the "Measures for the Administration of Risk Control of Shanghai Gold Exchange" are higher than the aforementioned standards, the higher standards shall be implemented.

2.After resuming trading on October 8 (Tuesday), starting from the closing settlement of the first trading day without a limit-locked market, the margin ratios for Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 will be restored to 10%, and the price limits will be restored to 9% starting from the next trading day; the margin ratio for Ag(T+D) will be restored to 15%, and the price limit will be restored to 14% starting from the next trading day; the margin for CAu99.99 will be restored from 72,000 yuan per lot to 62,000 yuan per lot.