陶昕晔 (Tao Xinye)

Rule Changes

As of September 2026: Publicly supported the SHFE revision in May 2026 commentary

A futures contract that locks at its daily price limit for three straight sessions can freeze trading, hiding the level where buyers and sellers would actually meet. As of May 28, 2026, the Shanghai Futures Exchange can push the daily limit beyond its old fixed 20% ceiling in exactly that situation.

Updated Sep 27