Contents
This was also the fourth year of growth in commodity trading, and the ninth year out of 10. There are now more futures and options traded worldwide based on commodities than interest rates, and almost as many as individual equities. This year’s annual survey of derivatives exchange volumes highlights strong growth in the trading of futures and options at exchanges in China, India, Korea, Singapore and other parts of Asia.
- These contracts also have a link to China, in that the price is based on delivery of iron ore to China where it is used in the production of steel.
- The CFTC then corrects and verifies the data for release by Friday afternoon.
- Even Japan, which has suffered from falling levels of trading for several years, saw a revival of growth.
- In contrast, North America pulled back slightly, with volume declining 0.2% to 8.19 billion contracts.
And trading in the OAT futures contract, which was launched in 2012, rose 24.1% to 21.6 million contracts. These volumes are still just a fraction of the trading in the exchange’s flagship Bund, Bobl and Schatz contracts, but they are growing at a much faster rate. The Dalian Commodity Exchange is the other big contributor to the other category. Like ZCE, the exchange originally was focused on agricultural products, but the exchange now gets almost half of its volume from other types of commodities such as iron ore. Two of its most actively traded contracts are based on polypropylene, a type of plastic that is used for making carpets, auto parts, food containers and a wide range of other products.
Pockets of growth in rate futures
“China connectivity is Hong Kong’s unique advantage, setting us apart from other international financial centres around the world. We look forward to continuing to develop Hong Kong’s leading position as Asia’s derivatives hub,” said Mr Aguzin. Looks like a great opportunity to bet on the rise of the Chinese stock market. Economic indicators one after another are exceeding expectations, fuelling market growth after a series of strong macro reports from the United States on Monday. Whether you are seeking information about legislative or regulatory activity, need to register for an event, or have a question about industry practice, our team is available to assist you.
The index seeks to achieve more balanced sector exposure compared with a simple top 50 approach by avoiding overweighting of Financial or Consumer Staples. Trading volumes in China have a tendency automated trading platforms to fall just as dramatically as they rise. But the rise of these four contracts signals the convergence of two broader trends that are likely to lead to further growth in the years ahead.
To offset an open short stock futures position before expiry, a seller of a stock futures contract simply buys back the contract while a buyer sells a stock futures contract to close the open long position. Find exchange traded funds whose sector aligns with the same commodity grouping as the symbol you are viewing. Analysis of these related ETFs and how they are trading may provide benninga financial modeling insight to this commodity. HKEX is now home to the world’s most complete and competitive offshore A-share equity and derivatives trading venue, offering global investors and risk managers a convenient and cost-effective solution to trade and manage their China exposure. European exchanges also saw an increase in trading, with volume rising 8.2% to 4.77 billion contracts.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. By Ambar Warrick Investing.com — Most Asian stocks rose slightly on Thursday amid some optimism over a Chinese economic recovery this year, while Japan’s Nikkei sharply… Learn about the application process and how your firm can benefit from FIA membership to better connect with customers and gain access to key policymakers around the world.
The prospect of Fed action also prompted a surge in the trading of options on Eurodollar futures. Total volume in all Eurodollar options, including serials, quarterlies and mid-curves, rose 12.5% to 243.7 million contracts, the highest since 2007. Second, the development of China’s industrial sector has created demand for new types of futures contracts. China is the third largest producer of chemicals and petrochemicals in the world and one of the largest consumers of these commodities, which has resulted in more cash-market trading in key raw materials such as methanol. That trend, combined with volatility in prices for all products linked to crude oil, has stimulated growth in the related futures contracts. It is important to note that trading volume is just one measure of industry growth.
All three Chinese commodity exchanges grew by double-digit rates and now rank among the 10 largest exchanges in the world. Its volume grew 61.2% to 3.03 billion contracts, second only to CME Group in our exchange ranking. Trading in the Long-Term BTP contract, which Eurex introduced in 2009, rose 47.2% to 25.5 million contracts in 2015. Trading in the Short-Term BTP contact, introduced in 2010, jumped 50.7% to 5.58 million.
MarketWatch
Register for the latest updates and insights on important industry trends or browse our archived webinar recordings. The official closing price of the underlying stock as quoted by SEHK on the Last Trading Day. The final settlement price is the official closing price of the underlying stock as quoted by SEHK on the Last Trading Day. Upon expiry, profits and losses are credited or debited to the account of the contract buyers/sellers in an amount equal to the difference between the contracted price and the final settlement price multiplied by the contract multiplier.
The total number of equity index futures and options rose 13.7% to 8.34 billion contracts, nearly reaching the peak of 8.47 billion set in 2011. Some of this growth came from markets where contract sizes are relatively small, such as the National Stock Exchange of India. But there was also growth in wholesale markets dominated by institutional investors, such as the Eurostoxx 50 futures and options traded on Eurex. This year’s survey is based on data collected from 78 derivatives exchanges. Volume includes futures and options that are traded on-exchange and submitted for clearing as well as contracts traded on- exchange.
The widget shows the Last Price of the commodity you are viewing, compared to the average last price of the same commodity for the past 18 months. This section displays additional open contracts for the futures symbol you are viewing. Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Live educational sessions using site features to explore today’s markets. HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange and LME Clear Limited. This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange , in China, in 2018.
China A connect – content
They help show patterns and price trends for commodities whose prices often change with the seasons. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. For global investors with an exposure in Hong Kong through stock futures contract, only the margin to carry the position is subjected to home currency price fluctuations.
There is another aspect to the commodity story that has been under the radar until recently. In recent years several exchanges have introduced contracts that do not fit into any of our traditional categories, and the amount of trading in some of these “other” contracts is starting to affect the global picture. In 2015 total volume in this “other” category rose to 819.7 million contracts, more than double the amount in 2014. In fact, volume in “other” is more than twice the volume of futures and options on gold, silver and other precious metals. Hong Kong Exchanges and Clearing Limited is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets. As stock futures contracts are based on the value of several thousand shares, the stock transaction costs are low relative to purchasing or selling the total underlying shares.
FTSE CHINA A50 INDEX FUTURES
1The Stock Connect program facilitates trading and clearing between mainland China’s and Hong Kong’s securities markets. Northbound Trading enables international investors to trade eligible securities in mainland China through the Hong Kong Exchange, while Southbound Trading, affords mainland investors access to the opportunity set. A seasonal chart is designed to help you visualize how futures contracts have performed during a calendar year.
China A50 Futures Overview
Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. Overnight prices are shown on the page through to 7pm CT, after which time it will list only trading activity for the next day. Once the markets have closed, the Last Price will show an 's’ after the price, indicating the price has settled for the day. But this flat rate of growth masked several areas where specific contracts saw a notable increase in trading activity.
Time to Upgrade!
Your ability to comment is currently suspended due to negative user reports. Also unique to Barchart, Flipcharts allow you to scroll through all the symbols on the table in a chart view. While viewing Flipcharts, pitbull trading you can apply a custom chart template, further customizing the way you can analyze the symbols. For reference, we include the date and timestamp of when the list was last updated at the top right of the page.
We measure volume by the number of contracts traded, and there are many variations in contract sizes from one exchange to the next. At the global level, the total number of futures and options traded on exchanges worldwide rose to 24.78 billion contracts in 2015. That was not quite a record, but it was up 13.5% from 2014, giving the industry its highest rate of growth since 2010.