Skip to main content

DCE: Notice on Matters Concerning Foreign Traders Participating in RBD Palm Olein Futures Trading

 With the approval of the China Securities Regulatory Commission (CSRC), RBD palm olein futures is determined to be a specific domestic product. Dalian Commodity Exchange (DCE) will introduce foreign traders to participate in RBD palm olein futures trading. The relevant matters are notified as follows:

1. Implementation Time

From 09:00 on December 22, 2020 Beijing time.

2. Contracts for Trading

P2101 and subsequent contracts.

3. Matters Concerning Foreign Exchange Funds as Margin

Foreign traders can use RMB, standard warehouse warrants, treasury bonds and foreign exchange funds as margin.

Currently, the currency of foreign exchange that can be used as margin is US dollars, with a haircut of 5%.

Before market close of the day, the market value of foreign exchange should be calculated based on the China Foreign Exchange Trade System (CFETS) CNY Central Parity Rate published on the previous trading day.

At daily settlement, the current-day CNY Central Parity Rate published by the CFETS should be used as the benchmark price for calculating the market value of the foreign exchange and adjust the value after haircut.

All relevant entities are requested to make preparations, strengthen risk prevention, and ensure the smooth operation of the market.


For China derivatives market access and more market information please contact sherry_ustc@163.com

Labels:

Comments

Post a Comment

Popular posts from this blog

ZCE: Circular on Expanding the Investment Scope of Qualified Foreign Investors in Commodity Futures and Options

  With the approval of the China Securities Regulatory Commission (CSRC), starting from   March 4 , 202 5  (i.e. from the continuous trading session on  March   3 , 202 5 ),  Zhengzhou Commodity  Exchange  ( ZCE ) will expand the investment scope of Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors (hereinafter collectively referred to as Qualified Foreign Investors, QFI s ) to include the following commodity futures and options: 1.P araxylene , b ottle-grade PET resin , m anganese silicon , r apeseed meal , peanut kernel f utures contracts; 2. P araxylene , b ottle-grade PET resin , m anganese silicon , r apeseed meal , peanut kernel, polyester stable fiber  options contracts . For China derivatives market access and more market information please contact  sherry_ustc@163.com
Post a Comment
Read more

ZCE: Announcement on Matters Relating to Program Trading

  To clarify the report requirements and transitional arrangements for program trading at the  Zhengzhou Commodity  Exchange (“ ZCE ”), strengthen the oversight of program trading, regulate program trading activities, and maintain an orderly and fair futures market, the following  announcement  is hereby given in accordance with the  Program Trading  Rules  of    Zhengzhou   Commodity   Exchange  (“ Program Trading Rules ”). I.   Program Trading   Report (I)   Who Needs to  Submit  a Report A trader at  the ZCE   who  meets one or more of the following criteria   is required to  submit  a report: 1.   Placing and canceling 10 or more orders within 1 second on 10 or more occasions  in a single  trading day. For the purpose of this rule, accounts linked by actual control relationship are treated as a single client account; 2.   Letting a computer to a...
Post a Comment
Read more

INE Apporved TSR 20 Brand Registration of Sri Trang, Hevea and KIRANA

Announcement on the Approval of Sri Trang Agro-Industry Public Co. Ltd. to Add TSR 20 Deliverable Commodity 　　 The Shanghai International Energy Exchange (INE) has recently received the application materials from Sri Trang Agro-Industry Public Co. Ltd. Accordingly, INE issues the following decisions: 　　 1. INE approves the registration of TSR 20 produced by BD10 factory of Sri Trang Agro-Industry Public Co. Ltd. as deliverable commodity of INE, and this brand will be subject to standard delivery prices; 　　 2. TSR 20 produced by BD10 factory of Sri Trang Agro-Industry Public Co. Ltd. from the date of this Announcement can be loaded in and standard warrants can be issued.  BD10 factory product information: 　　 Registrant: Sri Trang Agro-Industry Public Co. Ltd. 　　 Country: Thailand 　　 Brand: Sri Trang 　　 Factory code: BD10 　　 Delivery product: STR 20 　　 Executive Standard: in accordance with contract specifications 　　 Labeling: (as shown below) Announcement on the Ap...
Post a Comment
Read more