The revised Hedge Trading Rules of the Shanghai Futures Exchange has been reviewed and adopted by the Board of Directors of Shanghai Futures Exchange (SHFE), and reported to the China Securities Regulatory Commission. It shall take effect from November 21, 2023(from the continuous trading session on the night of November 20).

All members are requested to issue reminders before the implementation of the revised rule.

Please visit the official website of SHFE for the Chinese version. If there is any discrepancy between the English version and the Chinese version, the Chinese version shall prevail.

Appendices:

1. Comparative Table
2. Hedge Trading Rules of the Shanghai Futures Exchange (Revised)

Disclaimer: The rules of the Shanghai International Energy Exchange are made in Chinese. The English version of such rules is for reference only and shall have no legal effect.

Shanghai Futures Exchange
November 17, 2023