Exchange |
Dalian Commodity Exchange (DCE) |
Type |
Commodity |
Underlying |
Soybeans |
Currency |
Renminbi (RMB) |
Contract Size |
10 Metric Tonnes |
Tick Size |
1.0 |
Tick Value |
10 RMB |
Pre-Open 1 |
|
Trading Session 1 |
09:00- 11:30 |
Pre-Open 2 |
|
Trading Session 2 |
13:30 - 15:00 |
Pre-Open T+1 |
No T+1 Session |
Trading Session T+1 |
No T+1 Session |
Last Trading Day |
10th Trading Day of the Delivery Month |
Last Delivery Day |
3rd Day after the Last Trading Day of the Delivery Month |
Final Settlement Price |
|
Settlement Type |
Physical |
Deliverable Grade |
Soybean No 2 quality must contain greater than 18.4% Crude Fat. Crude Protein must exceed 34.4%. Moisture and volatile can not exceed 13.5%. Impurities can not exceed 2%. Broken Kernels can not exceed 20%. Damaged kernels can not exceed 3%. |
Delivery Location |
The Warehouses Appointed by the Dalian Commodity Exchange |
Contract Months |
January, March, May, July, September, November |
First Trading Day |
|
Position Limit |
|
Initial Margin (outright) |
5% of the Contract Value |
Maintenance Margin (outright) |
5% of the Contract Value |
Clearinghouse Margin (outright) |
|
Listed Spread |
No |
Initial Margin (spread) |
|
Maintenance Margin (spread) |
|
Clearinghouse Margin (spread) |
|
Daily Price Limit |
4% of Last Settlement Price |
Options |
No |
Exchange Symbol |
B |
Reuters Symbol |
|
Bloomberg Symbol |
|
ISIN Symbol |
|
SEDOL |
|
Notes |
|