Asia Broadband Inc (AABB)

[Bodhi_Trades]

China’s updated trading rules for gold and silver squeeze speculators, but quality purchases are rising

“More importantly, on April 10th, the Shanghai Futures Exchange (SHFE or Shiffy) similarly announced the reduction of trading limits for gold futures, with a maximum number of contracts for intraday gold trading set at 2,800 lots, Norman said. “On April 16th, the SHFE further adjusted the daily price limit for gold and silver futures to 8%, while increasing the hedging trading margin requirement to 9% and the speculative trading margin requirement to 10%.”

https://www.kitco.com/news/article/2024-04-23/chinas-updated-trading-rules-gold-and-silver-squeeze-speculators-quality