CSRC approves trading of PTA, methanol, rapeseed meal, iron ore and gold options
Xinhua News Agency, Beijing, November 23 (Reporter Liu Hui) according to the latest news from the Securities Regulatory Commission, Zhengzhou Commodity Exchange has recently been approved to carry out options trading in PTA, methanol and rapeseed meal, and the Dalian Commodity Exchange has been approved to carry out iron ore options trading. Approve the Shanghai Futures Exchange to carry out gold options trading.
The PTA and methanol option contracts are officially listed on December 16, 2019, the rapeseed meal option contracts are officially listed on January 16, 2020, and the iron ore options contracts are officially listed on December 9, 2019. The gold option contract is officially listed for trading on December 20, 2019.
PTA, methanol, rapeseed meal, iron ore and gold are important commodities, according to the CSRC. Since the listing of the relevant futures contracts, the overall operation of the market is stable, the participation of industrial customers is extensive, and the function is more significant. Listing the corresponding varieties of options can further meet the needs of personalized and refined risk management of real enterprises and reduce the cost of hedging.