On June 15th, DCE released Notice of Trading Limit on Iron Ore Futures
(http://www.dce.com.cn/DCE/TradingClearing/Exchange%20Notice/6222237/index.html
) stating that starting trade date of June 16th (night session on calendar date June 15th) non-clearing trading
member of exchange and client level account, except hedger and market maker, cannot exceed net new
positions of 30K lots per day across all iron ore future contracts.
This notice came in with more stringent control after DCE’s Notice of Market Risk Management on June
2nd ( http://www.dce.com.cn/DCE/TradingClearing/Exchange%20Notice/6220232/index.html
) warning the market risk for Iron Ore futures trading.