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Dalian Bourse Trims Coke Futures Margin
The Dalian Commodity Exchange is seeking to reduce margin requirements for coke futures.
TheDalian Commodity Exchangeis seeking to reduce margin requirements for coke futures,Reutersreports. The margins will be dropped from 10 percent to 7 percent with effect from next week.
The daily trading limits for coke futures will be cut from 6 percent to 5 percent. The Chinese agricultural commodity bourse is looking to increase the liquidity of coke futures. Futures products traded on the exchange comprise corn, soybeans, soybean oil and RBD palmolein.
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