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中国期货“走出去”再下一城,大阪交易所上市“上海胶”
He Xun Wang·2025-05-26 13:58

Core Points - The Osaka Exchange officially listed the "Shanghai Natural Rubber Futures" contract on May 26, which is linked to the Shanghai Futures Exchange's natural rubber futures prices [1] - Three contracts with expiration dates in September 2025, January 2026, and May 2026 were launched, with a total trading volume of 322 lots and an open interest of 152 lots on the first day [1] - The listing is seen as a practical measure for China's futures market to open up, providing more risk management options for global rubber industry players [1][2] Group 1 - The listing ceremony was attended by the general manager of the Shanghai Futures Exchange, who emphasized the importance of cross-border cooperation and enhancing the futures market's service capabilities for the real economy [1] - The CEO of OSE highlighted that this contract combines Japan's diverse hedging tools with China's robust growth, expanding hedging channels for Japanese industry clients and global investors [1] - The contract's design allows for cash settlement based on the RMB price of the Shanghai Futures Exchange's natural rubber futures, multiplied by 100 yen, facilitating transparent pricing and convenient trading for global industry participants [2] Group 2 - The listing of the "Shanghai Rubber" price in Japan is viewed as a significant breakthrough for the internationalization of Chinese futures standards [2] - The initiative supports the gradual opening of the futures market and encourages collaboration between domestic and foreign exchanges [2] - The contract addresses multiple needs, including hedging, cross-market arbitrage, asset allocation, and investment trading [2]