On July 29, the China Securities Regulatory Commission announced the approval of Dalian Commodity Exchange to carry out the trading of Soybean No. 1, Soybean No. 2 and soybean oil options from August 8, 2022.
On the same day, DCE officially issued a notice on matters related to the listing and trading of soybean No. 1, No. 2 soybean oil and soybean oil options contracts.
The upcoming Soybean No. 1, Yellow Soybean No. 2 and soybean oil options contracts are basically the same as the options contracts listed on the DCE.
Dalian Commodity Exchange will start trading on the Soybean No. 1, Soybean No. 2 and soybean oil options contracts on August 8, and will conduct night trading on the same night as the underlying futures.
(Word board) The corresponding contract months of the listed options on the first day start from A2211, B2211, and Y2211 respectively, and cover all the listed contract months of the underlying futures backwards.
The position limit of soybean No. 1 option is 15,000 lots, and the position limit of soybean No. 2 and soybean oil options are both 20,000 lots.
In addition, the notice also clarifies the listing benchmark price, transaction orders, exercise and performance of contracts, related fees, market maker system and contract price inquiry.
At present, DCE has listed soybean No. 1, soybean No. 2, soybean meal and soybean oil futures, forming a relatively complete system of futures varieties.
However, in the soybean series, only soybean meal has listed options, and the industry urgently needs to list more options to meet the needs of diversified and refined risk management.
(Reporter Yu Ruizhai video source Dalian Commodity Exchange)
Responsible editor: [Li Ji]