Industrial and Commercial Bank of China Revises Agency Individual Customer Precious Metals Competitive Trading Business Agreement and Clarifies Forced Liquidation Margin Ratio

MetaMuskRat · 2026-03-21T20:21:40+00:00

People's Finance News, March 20 — Industrial and Commercial Bank of China released an announcement regarding the revision of the agency agreement for personal customers' precious metals competitive bidding trading business and clarification of the forced liquidation margin ratio. The calculation method for margin account fund adequacy has been modified, and new forced liquidation margin risk control requirements have been added (i.e., the minimum funds required for customers to maintain positions). The forced liquidation margin ratio will be temporarily executed in accordance with the minimum trading margin ratio specified by the Shanghai Gold Exchange. Subsequently, based on market conditions and the risk management and business needs of precious metals, adjustments to the forced liquidation margin ratio will be made and announced as appropriate.

MetaMuskRat

2026-03-21 20:21:40

People’s Financial News, March 20 — Industrial and Commercial Bank of China (ICBC) announced the revision of the agency agreement for individual customers’ precious metals bidding trading business and clarified the margin call guarantee ratio. The update modifies the calculation method for the margin account’s capital adequacy ratio and adds risk control requirements for forced liquidation margin (i.e., the minimum funds required for customers to maintain their positions). The forced liquidation margin ratio is temporarily set according to the minimum trading margin ratio specified by the Shanghai Gold Exchange. Going forward, adjustments to the forced liquidation margin ratio will be made based on market conditions, precious metals risk management, and business needs, and will be announced accordingly.

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