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 s...
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