Due to the increase of market price fluctuation in recent days, in order to prevent market risks, China Financial Futures Exchange has raised the margin standard of the stock index futures simulation transaction IF0704 contract to 15%. In the future, adjusting the trading margin standard will become a conventional risk control means.
The notice issued by the China Financial Futures Exchange yesterday (March 1) said that after study, it was decided that the trading margin standard of IF0704 contract would be increased from 12% to 15% from the settlement time on March 1, 2007 (Thursday).
Previously, in all contracts of simulation trading, the trading margin standard of IF0703 contract and IF0704 contract was 12%, and that of IF0706 contract and IF0709 contract was 15%. After this adjustment, except for the IF0703 contract, the margin standard for all other contracts is 15%.
The increase in the trading margin standard of IF0704 contract is due to the increase in market price volatility in recent days. CICC decided to increase the margin of IF0704 contract after measuring the risk of the recent trend of the contract price. The recent price fluctuation of IF0703 contract was relatively stable, so the trading margin was not increased.
It is understood that it is an international practice to adjust the trading margin standard according to the market risk situation, which can improve the efficiency of the market as much as possible on the premise of ensuring the safe operation of the market. Recently, with China's negotiable securities With the increase of market price volatility, CFFEX adjusts the contract margin of simulation trading according to the market risk situation, which is very important for preventing market risk and ensuring the safe operation of contracts. Huang Rong
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
