DCE holds a seminar on iron ore futures in Tokyo, Japan
Recently, DCE held a seminar on iron ore futures in Tokyo, Japan. More than 50 delegates from China Securities Regulatory Commission, China and international financial institutions, and Japanese iron and steel enterprises participated in the meeting and had in-depth exchanges of view.
At the meeting, Wang Fenghai, general manager of DCE, introduced the basic situation of DCE, the operation of iron ore futures market and the achievements of international development. He said that China and Japan are the world's leading importers of iron ore, and open and transparent iron ore prices are the common needs of the two countries'iron and steel industries. Since the listing of DCE iron ore futures in 2013, the market has been running smoothly and orderly, the customer structure has been increasingly optimized, the degree of industrial participation has been gradually improved, and the market function has played a good role. At present, DCE iron ore futures have become the largest iron ore derivatives in the world. It has the responsibility and ability to meet the risk management needs of the global iron and steel industry chain and better serve the healthy development of the global iron and steel industry.
Subsequently, the relevant business leaders of CSRC made a speech on the topic of "Development and Supervision of China's Futures Market". Relevant guests had in-depth exchanges and discussions on the development process of internationalization of DCE iron ore futures, the physical delivery system of iron ore futures and how real enterprises could use the futures market for risk management.
Representatives of Japanese steel mills and traders participating in the meeting said that China and Japan are both major producers and consumers of steel and are important trading partners in the steel industry. A transparent and fair guided price of iron ore is the key to ensure the healthy development of iron and steel industry in both countries and even the world. Through participating in this seminar, Japanese enterprise representatives learned about the operation and internationalization of iron ore futures in China, learned typical cases and practical experience of real enterprises participating in risk management of futures market. In the future, they will pay close attention to the development of DCE iron ore futures market and study the path of participating in China's futures market. To explore new ways of using derivatives to avoid risks.
According to Futures Daily, DCE iron ore futures market has been running smoothly and orderly since they were introduced to foreign traders in May 2018. As of the first half of this year, the average daily turnover and position of iron ore futures are 116,000 lots and 86,000 lots, respectively. More than 130 overseas customers have opened accounts, mainly from Singapore, Britain, Australia and more than 10 countries and Hong Kong, China. With the internationalization of iron ore futures and the construction of domestic iron ore mixing center, the trade volume of bonded iron ore transferred from China to Japan has increased significantly, and some Japanese enterprises have shown strong willingness to understand and participate in China's futures market. The Seminar on iron ore futures held in Tokyo, Japan, for Japanese industrial customers will attract more Japanese iron and steel enterprises to pay attention to and participate in China's futures market, further improve the structure of market investors, effectively promote the futures function, and deepen the internationalization of the futures market.

拓展境外市场,深化铁矿石期货国际化
大商所在日本东京举办铁矿石期货研讨会
近日，大商所在日本东京举办铁矿石期货研讨会。来自中国证监会、中国及国际金融机构、日本钢铁企业的50多位代表参加会议并进行了深入交流。
会上，大商所总经理王凤海介绍了大商所基本情况、铁矿石期货市场运行及国际化发展成果。他表示，中国和日本是全世界最主要的铁矿石进口国，公开、透明的铁矿石价格是两国钢铁产业共同的需求。2013年大商所铁矿石期货上市以来，市场运行平稳有序，客户结构日益优化，产业参与度逐步提高，市场功能发挥良好。目前大商所铁矿石期货已成为全世界最大的铁矿石衍生品，有责任、有能力满足全球钢铁产业链的风险管理需求，更好地服务全球钢铁产业健康发展。
随后，中国证监会相关业务负责人以“中国期货市场发展与监管”为题作了演讲，相关嘉宾围绕大商所铁矿石期货国际化发展历程、铁矿石期货实物交割制度及实体企业如何利用期货市场进行风险管理等主题进行了深入交流和讨论。
与会的日本钢厂和贸易商代表表示，中国和日本都是钢铁生产和消费大国，在钢铁行业是重要的贸易伙伴。一个透明和公允的铁矿石指导价格是保障两国乃至全世界钢铁行业健康发展的关键。通过参加此次研讨，日本企业代表了解了中国铁矿石期货运行和国际化业务开展情况，学习了实体企业参与期货市场进行风险管理的典型案例和实操经验，未来将密切关注大商所铁矿石期货市场发展，研究参与中国期货市场的路径，探索利用衍生品避险的新方式。
据期货日报记者了解，大商所铁矿石期货自2018年5月引入境外交易者以来，市场运行平稳有序。截至今年上半年，铁矿石期货日均成交和持仓量分别为116万手和86万手，已有130多家境外客户开户，主要来自新加坡、英国、澳大利亚等十多个国家和中国香港地区。随着铁矿石期货国际化和国内铁矿石混矿中心的建设，经中国转口到日本的保税铁矿石贸易量增幅明显，一些日本企业对了解和参与中国期货市场表现出较为强烈的意愿。此次在日本东京面向日本产业客户举办铁矿石期货研讨会，将吸引更多日本钢铁产业企业关注和参与中国期货市场，进一步完善市场投资者结构，有效促进期货功能发挥，深化期货市场国际化发展。