With the approval of the China Securities Regulatory Commission, the Shanghai Stock Exchange will list and trade the CSI 300 ETF Option Contract, whose underlying asset is the Huatai-Pinebridge CSI 300 ETF and code is 510300, on December 23, 2019 to better meet the risk management needs of investor.
On February 9, 2015, China's first exchange-traded options product, the SSE 50 ETF option, was officially listed and traded, achieving a "zero" breakthrough in exchange-traded stock options. In the past five years, the SSE 50 ETF options have been operating stably, with reasonable pricing, effective risk management measures, rational investor participation, steady growth in the size of transactions and positions, and gradual decelopment of market functions, which has provided investors with new risk management tools and has been widely recognized in the market and has begun to become an important part of China's financial market. The expansion of the options pilot and the list of the CSI 300 ETF options on the Shanghai Stock Exchange mean that China's stock option market has started a new phase of operation of multi underlying assets and has enriched investors' risk management tools.
Under the guidance of the China Securities Regulatory Commission, the Shanghai Stock Exchange has made various preparations to ensure the successful launch and smooth operation of the CSI 300 ETF Option Contract.
Approved by the China Securities Regulatory Commission (CSRC), Shenzhen Stock Exchange will list and trade 300ETF options on Dec. 23 (Subject is Castrol HS 300ETF) Code 159919), marking the Shenzhen Stock Exchange officially took an important step in building a complete product system.
Shanghai and Shenzhen 300ETF option contract is tracking the Shanghai and Shenzhen 300 Index. The market representation is strong, and the coverage is wide, and the influence is large. The introduction of the corresponding options will help to meet the market risk management needs. It is an important measure to carry out the comprehensive reform of capital market, and it is of great significance to enhance the vitality and resilience of the market. The introduction of CSI 300ETF options by Shenzhen Stock Exchange is an important measure to implement the comprehensive deepening of capital market reform.
Since the China Securities Regulatory Commission (CSRC) announced the launch of the pilot program to expand stock index options on Nov. 8, the Shenzhen Stock Exchange has carried out various preparatory work for the listing of options in a down-to-earth manner in accordance with the principle of "high standard, stable start and risk prevention". Currently, the Shenzhen Stock Exchanges business, technology and market readiness are in place and business rules have been released. We will carry out in an orderly manner the technical system testing of the whole network, actively do a good job in market maker recruitment, investors account opening and other work, to ensure the safe and stable operation of CSI 300ETF options business.
In the next step, the Shenzhen Stock Exchange will adhere to the ' four fears, one joint force ' work requirements in accordance with the unified arrangements of the CSRC, We will work with all parties in the market to urge and urge the options institutions to continue to carry out investor education and service work, do a good job in risk management, ensure the smooth launch and safe operation of the CSI 300ETF options business, and promote the healthy and stable development of the capital market.
With the approval of China Securities Regulatory Commission, China Financial Futures Exchange (hereinafter referred to as CFFEX) will carry out the listing of CSI300 stock index options on December 23, 2019. Listing CSI300 stock index options is an important measure to comprehensively deepen the reform of the capital market, help to improve the risk management system of the capital market, attract long-term capital to the market, and promote the healthy development of the capital market. In the early stage, CFFEX firmly adhered to the principle of "high standard, stable start and risk control", steadily and orderly promoted the preparation for listing of CSI300 stock index options. With the widespread concern and support of all parties in the market, CFFEX has completed the work related to the public consultation of contract rules, technical system testing, market maker recruitment, etc. at present, all the preparations for listing are ready. In the next step, under the guidance of "four awe and one joint effort", and in accordance with the overall arrangement of comprehensively deepening the reform of the capital market, CFFEX will do a solid job in the risk prevention and control of CSI300 stock index options, member services and investor education, so as to ensure the smooth launch and stable operation of the products.