Dear members:
In accordance with Measures for the Implementation of Iron Ore Pricing Trading in Beijing Iron Ore Trading Center ( 2017.07), followings for iron ore spot pricing trading are noticed:
1. Performance Bond
The proportion of performance bond is 10% for iron ore spot pricing trading.
2. Limit Range
The limit up/down of iron ore spot pricing trading is 8% of the settlement price of Dalian Commodities Exchange on the last trading day.
3. Trading Service Fee
Trading service fee for the iron ore spot pricing trading will be free for the time being.
COREX will release another notice if any adjustments for the content above.
Beijing Iron Ore Trading Center Corporation
17 July, 2017
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