[GFEX] Circular on Adjusting Minimum Order Size to Open Positions, Transaction Fee Standards, Trading Limits and Trading Margin for Selected Contracts of Polysilicon Futures
All Members,
After deliberation, the following adjustments are made to the minimum order size to open positions, transaction fee standards, trading limits and trading margin for selected contracts of Polysilicon Futures.
Effective from the trading session on April 3, 2026, the minimum order size to open positions for the Polysilicon Futures contract PS2604, PS2605, PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, PS2703 shall be adjusted to 5 lots, and the minimum order size to close positions is 1 lot. The transaction fee standard for the aforementioned Polysilicon Futures contract shall be adjusted to 0.025% of the turnover, with the same rate applied to intraday closing transactions.
Effective from the trading session on April 3, 2026, the daily position-opening limit for Non-Futures Company Members or clients in the Polysilicon Futures contract PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, PS2703 shall not exceed 200 lots. The daily position-opening limit is defined as the aggregate of buy-to-open and sell-to-open positions of Non-Futures Company Members or clients in a single contract on the same trading day. The daily position-opening limit for hedging transactions and market-making transactions is not subject to the aforementioned restriction. Actual control accounts shall be managed as a single account.
Effective from the settlement on April 3, 2026, the trading margin for Polysilicon Futures contracts shall be adjusted to 13%, while the trading margin for Polysilicon Futures contract PS2604 and PS2605 will remain 15%. In case the aforementioned trading margin differs from the currently implemented one, the higher rate shall apply.
This Circular is hereby given.
Annex: The Transaction Fee Standards Schedule for Selected Contracts of Polysilicon Futures
Guangzhou Futures Exchange
April 1, 2026
http://www.gfex.com.cn/en/Notices/202604/9f6c5bfb9fd34748981e793f7affded3.shtml