Eye-watering one-day moves on China spot commodity markets due to “supply and demand”
BNP Paribas’s expansion into China’s base metal markets demonstrates commitment to the global commodities business
Foreign firms may avoid Shanghai crude futures, some participants warn
Growth in onshore futures market marks change in derivatives landscape
Hedge fund puts algorithms to work in new liquid futures and OTC markets
New equity options on two exchanges
Steeled for the fight
Asia became the largest exchange-traded derivatives contracts market for the first time last year. It now holds top spots in terms of contracts volumes for equity, metals and foreign exchange products.
The local touch
The CSRC plans to ban derivatives dealers from using QFII quotas to on-sell derivatives mirroring CSI 300 index futures contracts to offshore clients. The move looks set to challenge ETF fund managers when hedging China index-tracking funds.
Asia is now the largest buyer of raw materials and its companies face significant hedging challenges to manage price volatility. But the fragmented nature of the region’s economies has hampered the exertion of meaningful influence in global commodity...
The London Metal Exchange (LME) and the Singapore Exchange (SGX) have joined forces to launch cash-settled mini monthly metals futures contracts to be traded and cleared on the SGX
China is the world’s fastest-growing consumer of base metals and its appetite for raw materials has resulted in a staggering growth in onshore listed derivatives. But its relevance to the institutional markets is still limited. Georgina Lee reports
The London Metal Exchange (LME) has confirmed it will be opening its Singapore office in April this year.
Efforts by BHP Billiton to create an iron ore index appear to be floundering as Chinese steel producers press hard for pricing advantage. Kathleen Kearney reports
The Shanghai Futures Exchange launched trading in steel futures on March 26 to modest success, with a wide range of trading houses supporting the new contracts, traders and analysts said. The two new contracts are the seventh and eighth products to be...
The Shanghai Futures Exchange (SHFE) has signed a memorandum of understanding (MoU) with the New York Mercantile Exchange (Nymex) to explore potential areas of cooperation for the mutual benefit of both exchanges.
The Shanghai Futures Exchange (SHFE) signed a memorandum of understanding with the London Metal Exchange (LME) today.
The Chicago Mercantile Exchange (CME) and the Shanghai Futures Exchange (SHFE) have signed an agreement to collaborate in derivatives product development, the exchanges said a statement.
The timetable for the development of the Chinese regulated derivatives market, both domestically and for international investors, appears unclear, with the likelihood that foreign investors will not gain direct access to Chinese markets for several years...