镍期货和期权以及20号胶、低硫燃料油、国际铜期权获批特定品种 上期所迈出国际化新步伐

Core Insights - The China Securities Regulatory Commission has announced the designation of nickel futures and options as specific domestic varieties, marking a significant step in the Shanghai Futures Exchange's (SHFE) internationalization process [1][2] - Nickel, as the first specific variety on SHFE, plays a crucial role in industrial development and is essential for emerging industries, with China being the largest consumer and importer of nickel globally [2][3] Group 1 - Nickel futures have been effectively utilized in the domestic market since their launch in 2015, serving as an important pricing reference for spot trade and widely adopted by industry chain enterprises for risk management [2] - The opening of the nickel futures and options market aligns with long-standing calls from industry chain enterprises and associations, enhancing risk management capabilities in China's non-ferrous metal industry [2][3] - The introduction of options products will enrich risk management tools for enterprises, facilitating more refined and personalized hedging strategies, thereby improving operational stability and development capacity [3] Group 2 - The SHFE is set to implement a comprehensive international business rule system by August 8, 2025, focusing on strong regulation, risk prevention, and high-quality development [3] - Since 2019, the SHFE has gradually opened specific varieties such as 20 rubber, low-sulfur fuel oil, and international copper futures to foreign investors, which have become important hedging tools for related industry chain enterprises [3][4] - The SHFE aims to enhance the quality of market operations and promote the functionality of the futures market through various measures, including optimizing business rules and strengthening market cultivation [4]