New product listing | A-share floor derivatives market point

The CSRC recently approved the China Financial Futures Exchange to carry out the China Securities 1000 Stock index futures and Options Trading . The relevant contract is today （2022 year 7 month 22 Japan ） Officially listed , Filled in A Blank of small cap index derivatives . since 2010 year 4 month 16 Japan Shanghai and Shenzhen 300 Stock index futures （IF） Listed on the China capital exchange , sign A Shares have officially entered the bilateral era since ,A The stock exchange derivatives market has formed many exchange 、 Multi subject 、 Multiple categories Characteristics .

personal witness  1000 The trading code of stock index futures is IM, And the three listed stock index futures IH、IF、IC Compared with the trading rules of futures contracts, most of them are the same .

The difference is contract multiplier and unilateral position limit ,IM  Contract multiplier by Every point 200 element , And IC identical , differ IH and IF;IM、IH、IC contract Unilateral position limit by  1200 hand ,IF Unilateral position limit of contract 5000 hand .

personal witness 1000 The trading code of stock index call option is MO Contract month -C- Exercise price , The put option trading code is MO Contract month -P- Exercise price , With the listed Shanghai and Shenzhen 300 Stock index call options IO Contract month -C- Exercise price and Shanghai and Shenzhen 300 Stock index put options IO Contract month -P- Trading rules of exercise price Pretty much the same .

After the listing of the three stock index futures Position from 2018 Years later, it continued to rise , Among them, China Securities 500 Stock index futures have the largest positions , By 7 month 21 Japan , personal witness 500 The stock index futures position is 32.6 Ten thousand hands , At the same time, Shanghai Stock Exchange 50 Stock index futures and Shanghai and Shenzhen 300 The positions of stock index futures are 9.1 Ten thousand hands and 19.0 Ten thousand hands , The Shanghai 50 Stock index futures and Shanghai and Shenzhen 300 The total position of stock index futures is still less than that of China Securities 500 Stock index futures .

Besides , Shanghai and Shenzhen 300 The stock index option position is from 2019 After its introduction in, it gradually improved , By 7 month 21 Japan , Shanghai and Shenzhen 300 The stock index option position is 16.6 Thousands of copies .

After the listing of stock index futures and options , Based on the relevant index ETF Fund share and size Both Significantly increased . since 7 month 18 China Securities Regulatory Commission (CSRC) announced China Securities 1000 After the listing date of stock index futures and options , Issued south personal witness 1000ETF（512100）、 Huaxia personal witness 1000ETF（159845）、 Huatai berry personal witness 1000ETF（516300） Both turnover and net inflow increased significantly , And the competition between the South and China is fierce , Huaxia Zhongzheng 1000ETF Both turnover and net inflow are 7 month 21 Japan surpasses the South , But CSDC 1000ETF The size of the fund is about that of Huaxia 10 times , It's Hua Tai Bai Rui's appointment 40 times . meanwhile , There are also today 4 Only new hair 1000ETF（ E Fonda 、 gf 、 rich country 、 Get rich ） Join the scuffle .

personal witness 1000 The addition of stock index futures and options , And Shanghai card 50、 Shanghai and Shenzhen 300、 personal witness 500 Index derivatives together build a more perfect A Share risk management system , It will help the steady and healthy development of China's capital market ！