“上海天然橡胶期货”合约在大阪证券交易所上市

Core Insights - The launch of the "Shanghai Natural Rubber Futures" contract on the Osaka Securities Exchange marks a significant milestone in the cooperation between Chinese and Japanese capital markets, facilitating the global service of "Chinese pricing" [1][2] - The contract is designed to use the settlement price of the Shanghai Futures Exchange's natural rubber futures in RMB as the cash settlement benchmark, multiplied by 100 yen, providing a transparent pricing mechanism for global industry participants [1] - This collaboration is seen as a practical measure for the high-level opening of China's futures market, enhancing risk management options for global rubber industry players [1][2] Group 1 - The "Shanghai Natural Rubber Futures" contract is linked to the Shanghai Futures Exchange's natural rubber futures price, allowing international market participants to reference Chinese pricing [1] - The contract aims to eliminate currency conversion and tax deductions, offering a convenient risk management tool for various trading needs, including hedging and asset allocation [1] - The CEO of the Osaka Securities Exchange highlighted the combination of Japan's diverse hedging tools with China's robust growth, broadening hedging channels for both Japanese and global investors [2] Group 2 - The Shanghai Futures Exchange plans to continue strengthening cooperation with international institutions and expanding its pathways for opening up, aiming to connect more products with global markets [2] - The listing of the "Shanghai rubber" price in Japan represents a breakthrough in the internationalization of Chinese futures standards [2] - The initiative is expected to inject new vitality into the rubber industry in both countries and globally [2]