ICBC Raises Margin Requirements for SGE Deferred Contracts for Individual Clients
2026-07-08 11:25:51
Industrial and Commercial Bank of China (ICBC) said it will raise margin requirements for individual clients trading Shanghai Gold Exchange (SGE) deferred contracts, according to Jiemian News. Effective from end-of-day clearing on July 9, 2026, ICBC will increase the standard trading margin ratio for Au (T+D), mAu (T+D) and Ag (T+D) contracts to 190% from 140%, and raise the forced liquidation margin ratio to 170% from 120%. The bank warned the changes will directly affect clients’ margin account funding adequacy and said it may execute forced liquidations if accounts fall below required levels.
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