Source: Dalian Commodity Exchange

(A) the deposit system

The margin ratio of soybean futures contracts is 5% of the contract value. The trading margin is managed at different levels. As the delivery date of futures contracts approaches and the positions increase, the exchange will gradually increase the trading margin.

When the delivery date of soybean 1 and soybean No.2 contracts approaches, the collection standard of the trading deposit is:

Trading margin for trading hours (RMB/lot)

The first trading day one month before the delivery month 10% of the contract value.

The sixth trading day one month before the delivery month 15% of the contract value.

Pay 20% of the contract amount on the 1 1 trading day one month before the delivery month.

Pay 25% of the contract amount on the16th trading day one month before the delivery month.

Pay 30% of the contract value on the first trading day of the delivery month.

When the position of the soybean number. 1 and soybean No.2 contract change, and the transaction margin collection standard is:

Total bilateral position in contract month (n) Trading margin (RMB/lot)

N ≤ 5% of the contract value of 400,000 batches.

400,000 lots

(D) extended family reporting system

The exchange implements a large household declaration system. When the speculative position of a certain position contract of a member or customer reaches more than 80% (inclusive) of the speculative position limit set by the exchange, the member or customer shall declare his capital and position to the exchange, and the customer shall declare it through the brokerage member. The Exchange may adjust and change the level of position declaration according to market risks.

(5) compulsory liquidation system

Compulsory liquidation system: refers to the compulsory measures taken by the exchange to close the position of its members and customers when they violate the rules.

Note: In case of overstocking of members, the Exchange will determine the number of positions closed by relevant customers according to the ratio between the number of overstocked members and the number of speculative positions held by members. If multiple members have overstocked positions, the positions that need to be closed by force shall be selected as the objects of forced closing according to the order of the overstocked members from large to small; If customers overstock, the overstocked positions of customers will be forced to close their positions; If the customer holds positions in multiple members, the members will be forced to close their positions in the order of the number of positions held by the customers. If both members and customers overstock at the same time, close the overstocked customers first, and then close the positions according to the method of overstocked members.