(A) the deposit system
The minimum trading margin for soybean oil futures contracts is 5% of the contract value. The margin of the exchange is managed at different levels. With the approach of the delivery date of futures contracts and the increase of positions, the exchange will gradually increase the proportion of trading margin. Go to >>& gt.
(2) the settlement system
The daily debt-free settlement system refers to the exchange's settlement of profits and losses, trading deposits, handling fees and taxes of all contracts at the settlement price of the day after the daily trading, and the net transfer of receivables and payables is implemented, and the settlement reserve of members is increased or decreased accordingly.
(3) the price limit system
Price limit refers to the maximum intraday price fluctuation allowed by futures contracts. Quotations exceeding this fluctuation range are considered invalid and cannot be traded.
The price limit of soybean oil contract is 4% of the settlement price of the previous trading day, and the price limit of delivery month is 6% of the settlement price of the previous trading day. The price limit of the newly listed contract is twice that of the normal price limit. Go to >>& gt.
Limited warehouse system
The position limit system refers to the maximum amount of speculative positions in a contract that members or customers can hold according to the regulations of the exchange. Go to >>& gt.
(5) compulsory liquidation system
When one of the following circumstances occurs to members or customers, the Exchange will implement compulsory liquidation:
1. The balance of the settlement reserve is insufficient, and it cannot be replenished within the prescribed time limit;
2. The position exceeds the position limit;
3. Being punished by the exchange for compulsory liquidation due to violation of regulations;
4. According to the emergency measures of the Exchange, the liquidation shall be forced;
Others should be forced to close their positions.