Announcement on the Amendments to the White Sugar Option Contract Specifications and the Options Trading Rules of Zhengzhou Commodity Exchange
To better help the commercial participants from white sugar industry precisely manage short-term risks, Zhengzhou Commodity Exchange plans to launch serial options on white sugar futures. The amendments to the White Sugar Option Contract Specifications and the Options Trading Rules of Zhengzhou Commodity Exchange have been adopted at the 20th meeting of the 8th Board of Governors of Zhengzhou Commodity Exchange and filed with the China Securities Regulatory Commission, and will take effect from the night trading session (on February 28,2025) of the listing day (March 3,2025) of the serial option on SR2507.
White Sugar Option Contract Specs
(Adopted at the 20th meeting of the 8th Board of Governors on October 30, 2024; effective as of March 3, 2025.)
1. Development of China's Commodity Futures Market Since 2010, the Chinese futures market had fast expanded with the launch of financial futures and Exchange-traded options. The derivatives market has entered a stage of comprehensive development from commodity futures to financial futures, from futures to options, from exchange-listed to OTC, and from domestic-investors-only to liberalized foreign investor trading. Currently, China’s domestically listed futures and options cover 7 categories of finance, industrial metals, precious metals, chemicals, energy, black series and agricultural products, with a total of 91 varieties, including 64 commodity futures and 20 commodity futures options. Figure 1 Commodity Futures and Options in China Source: Galaxy Futures 2. Commodity Futures Market 2.1 Market expansion In terms of time, China's commodity futures market has continued to expand steadily, and trading volume, open interest and trading v...
Comments
Post a Comment