Group 1 - The Shanghai Futures Exchange announced adjustments to trading limits and fees for silver futures contracts [1] - Starting from December 24, the maximum number of contracts for intraday opening trades in the silver futures 2602 contract is set at 10,000 lots [1] - The transaction fee for intraday closing trades in the silver futures 2602 contract is adjusted to 0.025% of the transaction amount, while the fee for the silver futures 2604 contract is set at 0.005% of the transaction amount [1]

Group 1 - The China Financial Futures Exchange (CFFEX) has decided to halve the delivery fees for stock index futures and government bond futures, as well as the exercise fees for stock index options, effective from January 1, 2026, to December 31, 2026, excluding high-frequency traders recognized by the exchange [1]

Core Viewpoint - The Shanghai Futures Exchange announced adjustments to trading fees for aluminum alloy futures and newsprint futures, effective from November 10, 2025, aiming to enhance trading activity in these markets [1] Group 1: Trading Fee Adjustments - The trading fee for aluminum alloy futures and newsprint futures will be set at 0.05% of the transaction amount, with no fees for intraday closing positions [1] - The trading fees for aluminum alloy options and newsprint options, as well as exercise fees, will be adjusted to 5 yuan per contract, maintaining the exemption for intraday closing positions [1] - The exemption for fees related to post-exercise futures self-hedging and market maker options self-hedging will remain unchanged [1]