Institutional personnel: Continuing to trade after three consecutive boards of fuel oil futures is beneficial for maintaining market liquidity.

After three consecutive trading limit up surges in fuel oil futures, the Shanghai Futures Exchange announced that starting from the night trading session on March 4th, the fuel oil futures contract fu2604 will continue trading. The daily price limit for this contract is set at 17%, with a hedged position trading margin ratio of 18% and a general position trading margin ratio of 19%. Wang Jun, Deputy General Manager and Chief Expert of Greenland Futures, believes that as the current market trend is mainly triggered by external geopolitical developments, the decision by the Shanghai Futures Exchange to allow the fuel oil 2604 contract to continue trading on March 5th after three consecutive trading limit up surges is beneficial for maintaining market liquidity, orderly risk release, and better safeguarding the effective functioning of the futures market. Fang Zhengting, Chairman of Zhejiang Yongan Guoyou Energy Co., Ltd., also believes that this move helps to smoothly release overseas risk transmission pressure, avoid liquidity depletion and price distortion, and continue to play the role of futures market in price discovery and risk management within the framework of rules, guiding the market to return to rationality and overall risk control.