Group 1: Market Opening and Expansion - China's futures market has steadily advanced its opening to the outside world, expanding the range of commodity futures available for foreign traders, with 7 products now accessible on the Zhengzhou Commodity Exchange (ZCE) [1] - The Qualified Foreign Institutional Investor (QFI) trading range has been expanded to 26 futures and options products, indicating a significant increase in foreign participation [1] Group 2: Diversified Hedging Demand - There has been a surge in cross-border hedging demand from domestic and foreign clients due to various international macroeconomic factors, which has raised the bar for the professional services provided by futures companies [2] - The trend of using "Chinese prices" as a benchmark by foreign industrial clients is becoming increasingly evident, particularly in the case of overseas vegetable oil trade [2] Group 3: Localized Services and Support - Futures companies are leveraging their domestic and international branches to provide localized services while also utilizing their research capabilities to assist clients in navigating the futures market [3] - A bilingual team familiar with international capital markets has been established to support cross-border business, ensuring comprehensive assistance for foreign clients in risk management [3] Group 4: Strategic Development and Global Integration - Dongzheng Futures has identified "internationalization" as a strategic development goal since 2012, with its Singapore subsidiary now holding clearing qualifications from the three major international exchanges [4] - Nanhua Futures is focusing on creating a localized intermediary service network in key global commodity trading areas to address the pain points of cross-border industrial clients [4] Group 5: Competitive Advantages of Foreign Firms - UBS Futures has established a first-mover advantage in talent development, platform construction, and client cultivation, focusing on serving international investors entering the Chinese market [5] - The firm has developed an internationally leading risk management framework and advanced trading settlement technology solutions, providing customized services that align with domestic market requirements while incorporating international best practices [6] Group 6: Future Outlook and Commitment - There is a growing call for the establishment of a world-class futures exchange and the enhancement of the influence of "Chinese prices," with ZCE continuously expanding its range of foreign investment products and deepening cross-border cooperation [6] - UBS Futures is committed to bridging foreign clients with the Chinese futures market and enhancing its service model through financial technology and research capabilities [6][7]
乘对外开放“东风” 架跨境服务之桥
Qi Huo Ri Bao Wang·2025-09-14 16:20