Basis risk drives volumes onto Shanghai iron ore swap debut

SCH volumes one third of SGX's after two weeks of trading

iron ore

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

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: