The last phase promoted tin-nickel listed R&D reserves stainless steel rare earth electrolytic aluminum

According to Reuters Financial Network, Yang Maijun, chairman of the China Shanghai Futures Exchange, said on Wednesday that it will promote the future opening of the futures market, taking crude oil futures as the first step in the year and actively exploring the introduction of foreign investors in other mature varieties. Promote trials of futures bonded delivery business to promote overseas brand registration.

He mentioned in the Innovation and Development Seminar of the Futures Business Institutions 2014 that at present, the gold strategic development period of the futures operating institutions is approaching, and the business scope has gradually expanded from the traditional brokerage business to the broader innovative business; in the face of market structure With the changes and the increasing demands of participants, the Shanghai Futures Exchange will transition to a comprehensive derivatives exchange; actively and steadily opening up to the outside world and transforming from the domestic market to the global market.

“In the next step, we will firmly seize the strategic opportunity of building the Shanghai Free Trade Pilot Zone, continuously develop new varieties and new businesses,... optimize the trading system and rules system, improve the product sequence and contract settings, and improve the futures market. Operating efficiency and price impact, as soon as possible to form an institutional framework with the convergence of international rules." "Yang Maijun said.

He said that Shanghai Futures Exchange should also deepen the research and preparation work of Shanghai-Hong Kong Stock Exchange cooperation, actively expand the on-floor derivatives business, explore and strongly support the development of OTC derivatives business, accelerate the process of internationalization, and enhance cross-border service capabilities. Establish a rule system that can be integrated with international standards and build a multi-center, multi-level international trading platform.

To expand derivatives business, promote the listing of non-ferrous metals index futures in the previous period, actively and steadily carry out various preparations for the options business, and support institutions in developing index-related investment products and risk management tools such as non-ferrous metals index ETFs and silver futures ETFs to attract different types Investors participate in the commodity futures market.

In terms of expanding basic products, we will promote the preparation for the listing of important products such as tin, nickel and pulp; we will continue to carry out R&D on more than 10 reserve varieties such as stainless steel, alumina, cement, power, rare earth, and shipping index.

The previous period was expanded to use as a margin asset, and the feasibility of dynamic management of the existing warehouse receipts in the offsetting of the discount rate and the money and capital ratio multiplier was studied to promote the implementation of national debt as a margin asset.