How margins are charged and refunded during the trading?

Position Opening: The trading margin for a newly opened position shall be charged as per the trading margin upon settlement on the previous trading day. During the trading, the capital occupied when opening a position shall be calculated and charged as per the margin level upon settlement on the previous trading day, and the occupied capital shall be transferred to trading margin after the transaction is completed.

Position Close-out: The amount of margin refunded shall be calculated on the basis of the margin level upon settlement on the previous trading day.

Settlement: Margins for all positions shall be calculated and charged according to the daily settlement price and margin level.

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