2026年1月30日晚夜盘，豆粕、玉米系列期权正式在大连商品交易所（以下简称"大商所"）挂牌交易， 首批挂牌以M2607、C2607期货合约为标的的系列期权合约。作为国内农产品期权市场的重要创新举 措，系列期权为豆粕、玉米产业链企业提供更灵活高效的套保选择，标志着我国商品期权市场在农产品 领域的期限覆盖与功能适配迈上新台阶。 上海源耀农业公司相关负责人表示，系列期权推出后，能更好地匹配企业偏短期的现货头寸，在期限灵 活性与成本控制方面的优势更为突出。希望交易所未来能研发推出更多短周期期权产品，更好满足产业 企业精细化套保需求。 精准匹配产业短期套保需求 诸城兴贸玉米开发有限公司期货部蒋雷也表达了类似的观点，玉米贸易具有连续性，系列期权能更好匹 配企业月度风险管理节奏，助力稳定生产经营。 据了解，作为大商所首批短周期期权产品，此次挂牌的豆粕、玉米系列期权，是在现有常规期权合约的 基础上增挂的月度期权合约，标的期货合约与常规期权相同，通过新增"MS"专属标识区分交易代码， 形成"常规期权+系列期权"的互补格局，有效满足产业在部分月份上套保工具的空白。 期权市场"量质齐增" 工具持续创新 与常规期权相比，系列期权的 ...

大连商品交易所豆粕、玉米系列期权将于2026年2月2日（即1月30日夜盘）起挂牌交易，其特点为到期时间早、存续期短，进一步丰富了短 期风险管理工具箱，能够更好地满足实体企业精细化管理短期风险的需求。针对实体企业在农业生产与贸易中面临的短期价格波动风险， 系列期权能精准匹配风险敞口，填补常规期权到期月份空白，实现月份的连续覆盖。同时，因其到期日早，在同等条件下比常规期权价格 低，减轻了企业的资金压力。 | | 常规期权 | 系列期权 | | --- | --- | --- | | 挂牌时间 | 在新上市期货合约成交后,相应期权合约于 | 标的期货合约交割月份前五个月第一个交易 | | | 下一交易日上市交易 | 日上市交易 | | 最后交易日 | 标的期货合约交割月份前一个月的第12个 | 标的期货合约交割月份前两个月的第12个交 | | | 交易日 | 易日 | | 交易代码 | 豆粕:看涨期权为M-合约月份-C-行权价 | 豆粕:看涨期权为M-合约月份-MS-C-行权价 | | | 格,看跌期权为M-合约月份-P-行权价格 | 格,看跌期权为M-合约月份-MS-P-行权价格 | | | 玉米:看涨期权为C- ...

Core Viewpoint - The Dalian Commodity Exchange (DCE) is set to launch series options contracts for soybean meal and corn on February 2, 2026, marking a significant innovation in China's agricultural options market, aimed at providing more precise short-term risk management tools for the industry [1][2]. Group 1: Series Options Introduction - The series options will be introduced alongside existing conventional options, with the first contracts being soybean meal M2607 and corn C2607 [1]. - The series options will cover contract months of March, May, July, and November for soybean meal, and January, March, May, July, September, and November for corn, fulfilling the market demand for monthly expirations [2]. Group 2: Trading Mechanism and Features - Series options will share a mature rule system with conventional options, including trading codes structured as "variety-contract month-MS-type-strike price" and consistent fee standards and maximum order volumes [2]. - The core characteristics of series options include a shorter lifespan of approximately three and a half months, compared to nearly one year for conventional options, aligning with the short-term risk management needs of the industry [2]. Group 3: Market Demand and Benefits - There is a strong market demand for short-term options, as conventional options often have longer expiration periods and higher premium costs, which can hinder hedging effectiveness for enterprises facing short-term market volatility [3]. - The introduction of series options is expected to lower the cost of premiums for enterprises, facilitating more active buying and diverse short-term hedging strategies, thereby increasing market participation [3]. Group 4: Industry Response and Future Plans - The launch of series options is seen as a response to market needs, helping enterprises manage risks associated with raw material procurement and product sales more flexibly [3]. - The DCE plans to ensure a smooth market operation for the new series options and will focus on market cultivation and investor education to enhance understanding and participation in options trading [4].

Core Viewpoint - The Dalian Commodity Exchange (DCE) is set to launch series options contracts for soybean meal and corn on February 2, 2026, marking a significant innovation in China's agricultural options market, aimed at providing more precise short-term risk management tools for the industry [1][3]. Group 1: Series Options Introduction - Series options will be listed based on existing conventional options contracts, with the first contracts being soybean meal M2607 and corn C2607 [1]. - The DCE has revised its options trading management rules to accommodate series options, which will be listed five months before the delivery month and expire two months prior to the delivery month [2]. Group 2: Market Demand and Features - The series options are characterized by a shorter lifespan of approximately three and a half months, compared to nearly one year for conventional options, aligning with the industry's short-term risk management needs [3]. - There is a strong market demand for short-term options, as conventional options often have longer expiration periods and higher premiums, which can hinder effective hedging for businesses [3]. Group 3: Industry Impact - The introduction of series options fills the gap for monthly expiration contracts, allowing companies to conduct more flexible hedging operations related to raw material procurement and product sales [3]. - The DCE's options market has been stable since the first options tool was launched in 2017, with the introduction of series options being a response to market needs and an effort to enhance service to the industry [3][4]. Group 4: Future Plans - The DCE plans to prepare for the listing of series options contracts and will focus on market cultivation and investor education to enhance understanding and participation in options trading [4].

Group 1 - Hong Kong Stock Exchange announced the introduction of weekly stock option contracts starting from November 10, 2025, to complement existing monthly contracts [1] - The new weekly options are designed to provide investors with more flexibility and effective short-term risk management tools [1] Group 2 - The five stocks for which weekly options will be available include: - China National Offshore Oil Corporation (Stock Code: 883) with a contract trading unit of 1,000 shares [2] - China Mobile Limited (Stock Code: 941) with a contract trading unit of 500 shares [2] - Semiconductor Manufacturing International Corporation (Stock Code: 981) with a contract trading unit of 2,500 shares [2] - AIA Group Limited (Stock Code: 1299) with a contract trading unit of 1,000 shares [2] - Xiaomi Group-W (Stock Code: 1810) with a contract trading unit of 1,000 shares [2]

Core Viewpoint - Hong Kong Stock Exchange (HKEX) announced the introduction of weekly options for five stocks starting from November 10, 2025, enhancing short-term risk management tools for investors [1] Group 1: New Weekly Options - The five stocks that will have new weekly options are China National Offshore Oil Corporation (00883), China Mobile (600941), Semiconductor Manufacturing International Corporation (00981), AIA Group Limited (01299), and Xiaomi Group (01810) [1] - The new weekly options will complement existing monthly contracts, providing investors with more flexibility [1] Group 2: Contract Details - The contract trading units for the respective stocks are as follows: - China Mobile: 500 shares - Semiconductor Manufacturing International Corporation: 2,500 shares - AIA Group Limited: 1,000 shares - Xiaomi Group: 1,000 shares - Weekly expiry dates for Semiconductor Manufacturing International Corporation are set for November 14 and November 21, 2025 [2]

Core Viewpoint - Hong Kong Stock Exchange announced the introduction of weekly options contracts for five stocks starting November 10, 2025, enhancing short-term risk management tools for investors [1]. Group 1: New Weekly Options - The five stocks that will have new weekly options include China National Offshore Oil Corporation (00883), China Mobile (00941), Semiconductor Manufacturing International Corporation (00981), AIA Group Limited (01299), and Xiaomi Corporation (01810) [1]. - The new weekly options will complement existing monthly contracts, providing investors with greater flexibility [1]. Group 2: Contract Details - The contract trading units for the respective stocks are as follows: - China National Offshore Oil Corporation (883): 1,000 shares - China Mobile Limited (941): 500 shares - Semiconductor Manufacturing International Corporation (981): 2,500 shares, with weekly expirations on November 14 and November 21, 2025 - AIA Group Holdings Limited (1299): 1,000 shares - Xiaomi Corporation (1810): 1,000 shares [2].