GFEX Sets Fees, Position Limits for Polysilicon PS2709 and Lithium Carbonate LC2709 Futures

The fee schedule is the tell here: charging 2.5x for same-day round trips on polysilicon signals the exchange wants to curb intraday speculation in a contract tied to solar-grade material, while the 200-lot daily cap for non-members keeps smaller participants from building large directional positions. Lithium carbonate, by contrast, gets no fee detail in this notice, leaving the relative treatment of the two contracts an open question. What matters next is whether these parameters are later tightened or mirrored across other contracts, which would show how GFEX intends to police liquidity as RWA-linked commodities draw more futures interest.