Core Viewpoint - The successful execution of the first northbound commodity futures return swap transaction by Shenwan Hongyuan Securities marks a significant step in enhancing cross-border financial services and aligns with national strategies for stabilizing foreign investment and promoting high-level opening-up [1][2]. Group 1: Transaction Details - The FICC Division collaborated with Shenwan Hongyuan (International) Group to complete the first northbound return swap transaction linked to domestic commodity futures, expanding the range of cross-border return swap products offered by the company [1]. - This transaction facilitates a foreign bank's participation in the domestic commodity futures market, addressing the limited pathways and low convenience for foreign institutions in accessing this market [2]. Group 2: Future Outlook - The collaboration highlights the company's capabilities in cross-border derivatives and comprehensive financial services, with plans to deepen cooperation with Shenwan Hongyuan (International) Group [2]. - The FICC Division aims to enhance cross-border trading capabilities and product creation, attracting diverse participants such as sovereign funds, financial institutions, and private equity products to engage in the Chinese market [2].
申万宏源证券落地首单北向商品期货收益互换交易