Basis risk drives volumes onto Shanghai iron ore swap debut
SCH volumes one third of SGX's after two weeks of trading
Volumes of iron ore swaps traded on the Shanghai Clearing House (SCH) since the contract was launched on August 4 have reached a third of the amount changing hands on the Singapore Exchange (SGX). However, market players say the latter's international role means that its leading global position in the contract is not under threat.
SCH, a central counterparty that provides clearing and settlement services for over-the-counter (OTC) products in China, debuted its iron ore swap contract by closing
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on Commodities
Regulation
A crypto CCP is still a CCP
For crypto infrastructure rules, regulators need speed before perfection, says former BoE adviser
Receive this by email