The Shanghai Futures Exchange announced the relevant work arrangements for the Spring Festival period in 2026.

The Shanghai Futures Exchange issued a notice regarding the work arrangements during the Spring Festival period in 2026. There will be no night trading on the night of February 13, 2026. The market will be closed from February 14 to February 23, 2026. On February 24, 2026, from 8:55 to 9:00, there will be a call auction for all futures and options contracts, and night trading will resume that evening. Starting from the closing settlement on February 12, 2026, the margin ratio and the daily price limit adjustments are as follows: For existing contracts of gold futures, the daily price limit adjustment is 20%, the margin ratio for hedging positions is adjusted to 21%, and for general positions is adjusted to 22%; For existing contracts of silver futures, the daily price limit adjustment is 25%, the margin ratio for hedging positions is adjusted to 26%, and for general positions is adjusted to 27%.