Daily Price Limit Adjustments Terms and Conditions for High Futures Prices Volatility

1. At the end of a trading day, should any agricultural futures contracts have its Daily Settlement Price of two delivery months that have the highest traded volumes, exclusive of the contract in the Spot Month, AFET will adjust its Daily Price Limit for each particular agricultural futures contract to the ratio of 1.30 times of the aforementioned Daily Price Limit, and to be effective on the next trading day.


2. After the new Extended Daily Price Limit for each specific agricultural futures contract has been implemented, should there be no futures contract in any delivery month with either increasing or decreasing Daily Settlement Price for more than or equal to the previous Daily Price Limit for two consecutive days, AFET will re-implement the previous Daily Price Limit for that specific agricultural futures contract.