China Palm Oil Options and Crude Oil Options will be opened to foreign inventors

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optquant

China has approved trading of crude oil and palm oil options on the Shanghai International Energy Exchange and the Dalian Commodity Exchange respectively, its securities regulator said on Friday, adding to a range of products open to foreign participants for trading.

Crude oil options will begin trading on June 21, and palm oil options on June 18, the Securities Regulatory Commission (CSRC) said.

For more detail of DCE palm oil options, check Notice on DCE Palm Olein Options Trading and Overseas Investors’ Participation (qmhedging.blogspot.com)

For more detail of INE crude oil options, check Circular on the Listing and Trading of INE Crude Oil Option Contracts (qmhedging.blogspot.com)
 
Can I get fries wit dat?

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Overseas investors can use RMB, standard warehouse receipt, China’s government bond and foreign currency funds as margins.

"At present, USD is the foreign currency that can be used as margins, with a haircut of 5%. {But but but} Before the market close of each trading day, DCE will use the central parity rate of RMB announced by China Foreign Exchange Trade System (CFETS) on the previous trading day as the benchmark price to calculate the market value of foreign currency funds. When settling on the then-current day, the central parity rate of RMB on such day announced by CFETS will be used as the benchmark price to adjust the market value and discounted amount of foreign currency funds."

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Pfft currency fluctuations to deal with. Fahgettaht.
 
SunTrader said:
Can I get fries wit dat?

+ + +

Overseas investors can use RMB, standard warehouse receipt, China’s government bond and foreign currency funds as margins.

"At present, USD is the foreign currency that can be used as margins, with a haircut of 5%. {But but but} Before the market close of each trading day, DCE will use the central parity rate of RMB announced by China Foreign Exchange Trade System (CFETS) on the previous trading day as the benchmark price to calculate the market value of foreign currency funds. When settling on the then-current day, the central parity rate of RMB on such day announced by CFETS will be used as the benchmark price to adjust the market value and discounted amount of foreign currency funds."

+ + +

Pfft currency fluctuations to deal with. Fahgettaht.
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as most trade in foreign market,and if there's some clear trend of USDCNY, it may be easier to trade.
 
for palm oil futures,
you can trade in USD, Malaysia Ringgit .... from other exchanges.

for palm oil options, I think the choice is limited.
 
maxinger said:
for palm oil futures,
you can trade in USD, Malaysia Ringgit .... from other exchanges.

for palm oil options, I think the choice is limited.
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As DCE has the biggest trading volume of palm oil futures , its newly listed palm oil options could be convenient choice to trade in a same exchange with some margin saving
 
optquant said:
as most trade in foreign market,and if there's some clear trend of USDCNY, it may be easier to trade.
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I'm guessing most that trade in another currency are those outside the U.S. that trade in USD denominated instruments. Sure there are exotic combinations but that is probably a teeny tiny amount in the grand scheme of things, for example forex.
 
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