The Shanghai Futures Exchange has just issued a new regulation, starting from February, to adjust the hedging quota standards for silver futures trading. In simple terms, for those institutions and clients who haven't secured the near-month delivery quotas in advance, the automatic conversion of their buy and sell hedging quotas one month before the delivery month will now be set to zero lots. This has a significant impact on hedgers involved in silver futures trading, so proactive planning is necessary.

At the same time, the exchange has also adjusted trading parameters for copper, aluminum, lead, zinc, and alumina. The daily price limit has been changed from the previous standard to 10%, with hedging margin ratios at 11% and typical positions at 12%. These adjustments are all aimed at risk prevention, and these parameters will fluctuate with market volatility.
Futures traders should pay close attention to these changes, especially institutions with hedging needs, and plan their positions in advance.