Mcx News:
Shanghai Futures Exchange reported on 11-11-11, that it will adjust limits for margin trading and price volatility in copper and aluminum traded on the bourse starting from 16-11-11,
The minimum margin for trading copper contracts will be raised to 11% from 10% of contract value & Aluminums minimum trading margin will be hiked to 7% from 6%.
The upper and lower trading limits for aluminum contracts will be expanded to 5% of previous settlement prices from 4% starting from 16-11-11