At BANDS Financial we offer our clients the opportunity to trade on both the international and the Chinese commodities futures markets.
Learn MoreAs an Overseas Intermediary approved by the Chinese exchanges, BANDS Financial can provide access to a number of internationalised commodities futures contracts, including crude oil, copper, and iron ore.
Learn MoreIt was our great pleasure to welcome Gu Yunfeng, Chen Mei and Dr Yu Bin of the Shanghai Shipping Exchange at our office in Hong Kong today.
Together with Johnson Leung from Linerlytica, we discussed our work to expand access to container freight futures to the international industry.
With the first settlement date of the INE CoFIF contract approaching, we're excited about how container freight futures can help solve common industry pain points like information asymmetry, counterparty risk and freight rate volatility, especially in these times of heightened geopolitical risks.
BANDS Financial and Dunhe Asset Management hosted a copper seminar in scenic Hangzhou, bringing together representatives from the Chinese and international copper, base metals and financial industry.
The event served as a forum to exchange views on the current market, supply and demand dynamics and the road ahead for the industry amidst geopolitical uncertainty and the challenge of achieving the transition to a greener economy.
As of March 20, 2024, the INE will reduce trading margins and price limits for the contracts listed below:
The trading margins of the EC2406, EC2408, EC2410 and EC2412 futures contracts will be lowered 4% from 22% to 18% of the contract value and the price limit will be ±16% from the settlement price of that day.
Meanwhile, daily new position limits for speculative traders have been doubled, leading to a strong pickup in trading volume from just under 20,000 lots per day across all contracts to over 50,000 as tensions in the Red Sea remain high and the latest export figures from China surprise on the upside.