Circular of Shanghai International Energy Exchange on the Listing Price and Other Matters of INE Containerized Freight Index (Europe Service) Futures Contracts It's an internationalized product also open to foreign investors. Shanghai International Energy Exchange has released its Circular on the Listing Price and Other Matters of INE Containerized Freight Index (Europe Service) Futures Contracts as follows: In accordance with applicable rules of Shanghai International Energy Exchange (hereinafter referred to as INE), INE hereby notifies the relevant matters: 1.Listing price The listing price of EC2404, EC2406, EC2408, EC2410 and EC2412 is 780 index points. 2.Margin Requirement The trading margin for INE Containerized Freight Index (Europe Service) Futures Contracts will be applied on both long and short positions. 3.Delivery fee The delivery fee will be 0.002% of the delivery value.
For DCE palm oil and SHFE rubber futures, there're night sessions start 21:00 Beijing time. Human traders can get nervous as algos never sleep. CSRC's even thinking to start night sessions for China stock index futures.
Hopefully, they stop the work-life balance thing. Currently, INE copper & oil futures have too many breaks; - morning tea break - lunch break again - afternoon break again - 21:00 Beijing time open - then break again
The market will decide if this contract has a lengthy life span. My father was once almost force dto take delivery on the now defunct egg contract.