The China Securities Regulatory Commission (CSRC) has officially approved the registration of Log options on Dalian Commodity Exchange (DCE). The relevant matters on listing and trading are hereby released: I. Listing and Trading Time Log options will be listed for trading on November 19 (Tuesday), 2024. On the listing day, the call auction will be from 8:55 to 9:00, and the opening time will be at 9:00. Log options are not available for night trading temporarily. Log Options Contract of Dalian Commodity Exchange II. Contracts Listed for Trading Log options listed for trading are LG2507, LG2509, LG2511. III. Listing Prices The listing prices of Log options contracts are calculated based on the BAW American futures options pricing model. The interest rate in the model is the latest benchmark one-year deposit rate, and the volatility is based on factors such as the historical volatility of the physicals prices comprehensively. The listing prices will be released together with the settl
The China Securities Regulatory Commission (CSRC) has officially approved the registration of Log futures on Dalian Commodity Exchange (DCE) . The relevant matters on listing and trading are hereby released: I. Listing and Trading Time The Log futures contracts will be listed and traded on November 18 (Monday), 2024. The trading sessions are 9:00–11:30 a.m., 1:30–3:00 p.m., Beijing Time, and other trading hours announced by DCE. There will be no night trading session for Log futures. Log Futures Contract of Dalian Commodity Exchange (“DCE”) II. Listed and Traded Contracts The first batch of listed and traded contracts includes LG2507,LG2509 and LG2511. In accordance with the Trading Rules of Dalian Commodity Exchange and other rules, the listing benchmark prices of Log futures contracts are released as follows: LG Contract 2507 810 CNY / Cubic Meter LG Contract 2509 810 CNY / Cubic Meter LG Contract 2511 810 CNY / Cubic Meter III. Trading Margin and Price Limit The price limits of Lo