Tridge summary
Starting today, the Vietnam Commodity Exchange will be trading 8 options products, including corn, soybean, wheat, coffee, sugar, crude oil, and natural gas. These options products are regulated by MXV, with a maximum transaction fee of 350,000 VND per contract. The options contracts provide a hedging tool for market participants, allowing them to protect themselves from price fluctuations while only risking the premium paid.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
8 options products connected to the world According to Decision No. 556/QD/TGD-MXV, promulgating the specification of commodity options contracts traded at the Vietnam Commodity Exchange, there will be 8 options products starting to be traded from today, including: Corn (CBOT), soybean (CBOT), wheat (CBOT), Arabica coffee (ICE US), sugar 11 (ICE US), WTI crude oil (NYMEX), Brent crude oil (ICE EU) and natural gas (NYMEX). All of these products are regulated by MXV with a maximum transaction fee of 350,000 VND/contract, applicable to both call and put options. Transactions will be performed on CQG software and managed on the M-System platform built and developed by MXV. Mr. Duong Duc Quang, Deputy General Director of MXV said: “Option products traded in Vietnam are among the most liquid products for options contracts in the world. Besides, the trading time of these products is also very suitable for domestic businesses and investors." In the centralized commodity trading market, ...
Source: Tbck
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