Guangzhou Futures Exchange Announcement on Matters Related to Polycrystalline Silicon Futures PS2703 and Lithium Carbonate Futures LC2703 Contracts

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On March 10, the Guangzhou Futures Exchange issued an announcement that, after research, the following matters regarding the Polycrystalline Silicon Futures PS2703 and Lithium Carbonate Futures LC2703 contracts are hereby announced:

The trading fee standard for the Polycrystalline Silicon Futures PS2703 contract is 0.05% of the transaction amount, and the intraday and overnight position trading fee standard is also 0.05% of the transaction amount. The minimum opening order quantity per trading instruction is 10 lots, and the minimum closing order quantity per trading instruction is 1 lot. Non-futures company members or clients are not allowed to open more than 50 lots per day.

The trading fee standard for the Lithium Carbonate Futures LC2703 contract is 0.032% of the transaction amount, and the intraday and overnight position trading fee standard is also 0.032%. The minimum opening order quantity per trading instruction is 5 lots, and the minimum closing order quantity per trading instruction is 1 lot. Non-futures company members or clients are not allowed to open more than 400 lots per day.

Daily opening volume refers to the total of buy and sell opening quantities on a single contract by non-futures company members or clients on the same day. Hedging transactions and market-making transactions are not subject to the above standards for daily opening volume. Accounts with actual control relationships are managed as a single account.

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