All members:
In accordance with the relevant provisions of the Measures for the Administration of Risk Control of Shanghai Gold Exchange, Shanghai Gold Exchange (SGE) decides to adjust the margin ratio and price limit ratio for certain contracts. The relevant matters are hereby notified as follows:
Effective from the day-end settlement on February 24, 2026 (Tuesday), the margin ratio for contracts such as Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 shall be adjusted from 21% to 18%, and the price limit shall be adjusted from 20% to 17% starting from the next trading day; the margin ratio for Ag(T+D) contract shall be adjusted from 27% to 24%, and the price limit shall be adjusted from 26% to 23% starting from the next trading day; the margin for CAu99.99 contract shall be adjusted from RMB 200,000 per lot to RMB 180,000 per lot.
All members are requested to enhance risk awareness, refine risk contingency plans, advise investors to strengthen risk management, control positions reasonably, invest rationally, and ensure stable and healthy market operation.