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Notice on the Imposition of Trading Limit on Relevant Nickel Contracts

Upon our consideration, it has been decided that the following measures shall be made to the trading of nickel products in accordance with the Risk Management Rules of Shanghai Futures Exchange: 

Effective as of September 25, 2017, the position limit of nickel contracts such as NI1801 applicable to Non-FF Members and Clients opening new positions within the same day will be 1,500 lots. Any group of actual control relation accounts identified by the Exchange shall be subject to the positions limit for one client.

However, the hedging trade is exempt from such a restriction.

Hereby notify the above.

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