_ Price limit for listing of new futures contracts
On the day when the new futures contract is listed, the price limit is twice the actual price limit of the futures contract.
If there is a transaction on the same day, the next trading day will be restored to the prescribed price limit.
If there is no transaction on that day, the next trading day will continue to implement the price limit range of the previous trading day.
_ Price limit for each trading day
D2 trading day
If a futures contract is unilaterally quoted on a certain trading day (this trading day is called D 1 trading day, and the subsequent trading days are called D2, D3 and D4 trading days respectively), when the futures contract is settled on D 1 trading day and D2 trading day, the trading margin standard will be increased by 50% on the basis of the original trading margin standard; On D2 trading day, the daily limit of futures contracts is increased by 50% on the basis of the original daily limit.
D3 trading day
If there is no unilateral market in the same direction in the futures contract on D2 trading day, the trading margin standard will be restored to the pre-adjustment level at the time of settlement on that day; On the D3 trading day, the daily limit returned to the level before adjustment.
If there is a unilateral market in the same direction on the D2 trading day, the improved trading margin standard will remain unchanged on the settlement date and the D3 trading day, and the price limit of the D3 trading day will remain unchanged.
D4 trading day
If there is no unilateral quotation in the same direction in the futures contract on the D3 trading day, the trading margin standard will be restored to the pre-adjustment level at the settlement of that day; The daily limit of D4 trading day returned to the pre-adjustment level. If the futures contract still has the same unilateral market on the D3 trading day (that is, the same unilateral market appears for three consecutive trading days), the futures contract will be suspended for one day on the D4 trading day.