CICC's specific provisions on the position limit of stock index futures contracts for members and customers are as follows:

1. Limit the unilateral positions of customers' contracts to an absolute amount and futures positions to 600 lots;

2. Trading members engaged in proprietary business shall implement absolute position limit for unilateral positions of contracts, and the position limit for stock index futures with each customer number is 600 lots;

3. If the total unilateral position of the contract exceeds 654.38 million+10,000, the unilateral position of the clearing member shall not exceed 25% of the total unilateral position of the contract.

Under normal circumstances, the position limit system of stock index futures is such a provision, and the positions of members or customers who have been approved for hedging are not subject to the above provisions. Members and customers whose positions reach or exceed the limit of commodity futures positions shall not open positions in the same direction.

CICC's specific provisions on the position limit of stock index futures contracts for members and customers are as follows:

1. Limit the unilateral positions of customers' contracts to an absolute amount and futures positions to 600 lots;

2. Trading members engaged in proprietary business shall implement absolute position limit for unilateral positions of contracts, and the position limit for stock index futures with each customer number is 600 lots;

3. If the total unilateral position of the contract exceeds 654.38 million+10,000, the unilateral position of the clearing member shall not exceed 25% of the total unilateral position of the contract.

Under normal circumstances, the position limit system of stock index futures is such a provision, and the positions of members or customers who have been approved for hedging are not subject to the above provisions. Members and customers whose positions reach or exceed the limit of commodity futures positions shall not open positions in the same direction.