What is egg futures? Egg futures is the first livestock futures variety and fresh agricultural products in China. On March 2013 18, Dalian Commodity Exchange released the draft egg futures contract. On September 25th, 20 13, China Securities Regulatory Commission approved the egg futures contract listed on Dalian Commodity Exchange. 2065438+On September 25th, 2003, China Securities Regulatory Commission approved the listing of the egg futures contract of Dalian Commodity Exchange (hereinafter referred to as Dashang Exchange), in order to further improve the variety system of agricultural products futures, meet the actual needs of spot enterprises and better serve the development of the real economy. According to the market situation and the progress of various preparatory work, Dashang will list the egg futures contract in due course.

The trading code of egg futures is JD.

Egg futures trading rules

(1) Margin system The minimum trading margin for an egg futures contract is 5% of the contract value. The margin for trading new positions is charged according to the trading margin at the time of settlement on the previous trading day. Trading margin shall be 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 trading margin ratio.

Table 1: collection standard of trading margin for egg futures contracts near delivery date

Table 2: Standard for collecting margin when the position of egg futures contract changes.

(II) Price limit system The price limit of the egg contract is 4% of the settlement price of the previous trading day, and the price limit of the delivery month is 6% of the settlement price of the previous trading day.

(3) The position limit system refers to the maximum amount of speculative positions that a member or customer can hold in a contract, which is determined by the exchange unilaterally. The same customer has multiple trading codes among members of different futures companies, and the total number of all positions in each trading code shall not exceed the position limit of one customer.

Table 3: Proportion of egg futures positions in different periods

Note: n is the coefficient of position limit for members of futures companies.

The exchange may adjust the proportion of its position limit according to the relevant situation of the members of the futures company, and the measures shall be announced separately.