The Guangzhou Futures Exchange (GFEX) recently announced adjustments to the minimum order size for opening positions, trading fees, position limits, and margin requirements for polysilicon futures contracts, effective from April 3, 2026. The details are as follows:
Minimum Order Size
For polysilicon futures contracts PS2604, PS2605, PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703, the minimum number of lots for opening a position is adjusted to 5 lots, while the minimum number of lots for closing a position remains 1 lot.
Trading Fees
The trading fee is adjusted to 0.025% of turnover value, and the intraday position closing fee is also adjusted to 0.025% of turnover value.
Position Limits
Effective from the trading session on April 3, 2026, non-futures company members or clients shall not exceed a daily opening position limit of 200 lots for each of the following contracts: PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703. The daily opening position limit refers to the sum of buy-opening and sell-opening positions for a single contract by a non-futures company member or client on a given day. Hedging and market-making transactions are exempt from the above limit. Accounts with actual control relationships shall be managed as a single account.
Margin Requirements
Effective from the settlement session on April 3, 2026, the margin requirement for polysilicon futures contracts is adjusted to 13%, while the margin requirement for PS2604 and PS2605 contracts remains at 15%. In cases where the above margin requirements differ from the currently applicable ones, the higher requirement shall apply.
Written by Cora Ji, jiruyan@mysteel.com
GZCE Adjusts Minimum Order Size, Trading Fees, Position Limits, and Margin Requirements for Polysilicon Futures Contracts
The Guangzhou Futures Exchange (GZCE) recently announced adjustments to the minimum order size for opening positions, trading fees, position limits, and margin requirements for polysilicon futures contracts, effective from April 3, 2026. The details are as follows:
Minimum Order Size
For polysilicon futures contracts PS2604, PS2605, PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703, the minimum number of lots for opening a position is adjusted to 5 lots, while the minimum number of lots for closing a position remains 1 lot.
Trading Fees
The trading fee is adjusted to 0.025% of turnover value, and the intraday position closing fee is also adjusted to 0.025% of turnover value.
Position Limits
Effective from the trading session on April 3, 2026, non-futures company members or clients shall not exceed a daily opening position limit of 200 lots for each of the following contracts: PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703. The daily opening position limit refers to the sum of buy-opening and sell-opening positions for a single contract by a non-futures company member or client on a given day. Hedging and market-making transactions are exempt from the above limit. Accounts with actual control relationships shall be managed as a single account.
Margin Requirements
Effective from the settlement session on April 3, 2026, the margin requirement for polysilicon futures contracts is adjusted to 13%, while the margin requirement for PS2604 and PS2605 contracts remains at 15%. In cases where the above margin requirements differ from the currently applicable ones, the higher requirement shall apply.
GZCE Adjusts Minimum Order Size, Trading Fees, Position Limits, and Margin Requirements for Polysilicon Futures Contracts
The Guangzhou Futures Exchange (GZCE) recently announced adjustments to the minimum order size for opening positions, trading fees, position limits, and margin requirements for polysilicon futures contracts, effective from April 3, 2026. The details are as follows:
Minimum Order Size
For polysilicon futures contracts PS2604, PS2605, PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703, the minimum number of lots for opening a position is adjusted to 5 lots, while the minimum number of lots for closing a position remains 1 lot.
Trading Fees
The trading fee is adjusted to 0.025% of turnover value, and the intraday position closing fee is also adjusted to 0.025% of turnover value.
Position Limits
Effective from the trading session on April 3, 2026, non-futures company members or clients shall not exceed a daily opening position limit of 200 lots for each of the following contracts: PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703. The daily opening position limit refers to the sum of buy-opening and sell-opening positions for a single contract by a non-futures company member or client on a given day. Hedging and market-making transactions are exempt from the above limit. Accounts with actual control relationships shall be managed as a single account.
Margin Requirements
Effective from the settlement session on April 3, 2026, the margin requirement for polysilicon futures contracts is adjusted to 13%, while the margin requirement for PS2604 and PS2605 contracts remains at 15%. In cases where the above margin requirements differ from the currently applicable ones, the higher requirement shall apply.
