On November 4, the "2020 China International Nickel and Cobalt Industry Annual Conference" hosted by China Nonferrous Metals Industry Association and Shanghai Futures Exchange (hereinafter referred to as the Shanghai Futures Exchange) was held in Nanjing.
In the opening speech, Wenshan Lu, director of Shanghai Futures Exchange said that after more than 20 years of development, the Shanghai Futures Exchange has an increasing varieties and steady growth in transactions. The transaction scale has ranked the first place in the global commodity and derivatives market for four consecutive years. Through continuous optimization of trading mechanisms, take contract of nickel futures as a pilot to introduce market maker mechanism and implement measures such as preferential fee discounts to guide customers to participate in discontinuous contract transactions, it also helps companies manage the price fluctuation risks, and continues to expand the breadth and depth of serving the real economy. It is reported that from January to October this year, Shanghai Futures Exchange's transaction volume continued to grow, with both transaction volume and transaction value reaches 1.68 billion lots and 116.8 trillion yuan, an increase of 43.9% and 26.1% year-on-year respectively.
Wenshan Lu stated that Shanghai Futures Exchange will conscientiously implement the policy of "building a system, non-intervention, and zero tolerance", continuously improve the quality of market operations, strive to improve service capabilities, the degree of levels, and create a standardized, transparent, open, dynamic and resilient market. The first is to improve the interconnection between the domestic and foreign futures markets and expand the degree of opening. Shanghai Futures Exchange uses copper contract as pilot projects, on the basis of keeping the existing copper futures unchanged, Shanghai International Energy Exchange Center launched an international copper futures net pricing contract that is directly open to the overseas traders. The second is to steadily promote the institutional opening of the futures market. In accordance with the unified deployment of China Securities Regulatory Commission, we will steadily promote the participation of qualified foreign institutional investors and RMB qualified foreign institutional investors in related commodity futures transactions, and study and introduce more channels and methods for foreign investors to participate in domestic futures. The third is to improve the legal construction and system support of the futures market. With the advancement of the marketization and internationalization of the futures industry, the futures law is urgently needed as an institutional guarantee to provide legal protection for the sustained, stable and healthy development of the futures market. Shanghai Futures Exchange is actively cooperating with relevant research to help improve the legal system of the futures market.
It is heard that the annual meeting of nickel and cobalt industry will take "conversion of new and old kinetic energy, promote internal and external circulation" as the theme, and focus on the global macroeconomic situation, industrial supply and demand structure and other market hotspots to contribute wisdom and gather strength for the transformation and upgrading of the nickel and cobalt industry.
11月4日,由中国有色金属工业协会主办、上海期货交易所(下称上期所)等单位联合举办的“2020中国国际镍钴工业年会”在南京举行。
上期所监事长陆文山在开幕致辞时表示,经过20多年的发展,上期所品种日益丰富,交易稳步增长,成交规模连续四年在全球场内商品衍生品市场排名首位,通过不断优化交易机制,以镍期货为试点引入做市商机制和实施手续费优惠等措施,引导客户参与不连续合约的交易,助力企业更加精细化地管理价格波动风险,不断拓展服务实体经济的广度和深度。据悉,今年1-10月,上期所成交规模继续保持增长态势,成交量及成交金额分别为16.8亿手和116.8万亿元,同比分别增加43.9%和26.1%
陆文山表示,上期所将认真贯彻落实“建制度、不干预、零容忍”的方针,不断提升市场运行质量,努力提高服务能力和水平,打造规范、透明、开放、有活力、有韧性的市场。一是深化境内外期货市场互联互通,扩大高水平双向开放。上期所以铜品种为试点,在保持现有铜期货不变的基础上,在上海国际能源交易中心推出对境外交易者直接开放的国际铜期货净价合约。二是稳步推动期货市场制度型开放。根据证监会统一部署,稳步推进合格境外机构投资者和人民币合格境外机构投资者参与相关商品期货交易,研究推出更多外资参与境内期货的渠道和方式。三是健全期货市场法治建设和制度支持。随着期货行业市场化、国际化步伐的推进,迫切需要期货法作为制度性保障,为期货市场持续稳定健康发展提供法律保障,上期所正积极配合开展相关研究,助力完善期货市场法律制度体系。
据了解,此次镍钴工业年会以“新旧动能转换、促进内外循环”为主题,围绕全球宏观经济形势、产业供需结构等市场热点,为镍钴行业的转型升级贡献智慧、凝聚力量。