What Is Emini Futures Trading?

CME China 25 Index Futures: A stock index futures launched by the Xinhua FTSE China 25 Index Futures Chicago Mercantile Exchange (CME) in cooperation with Xinhua FTSE Index Corporation on May 20, 2007. This will enable the index futures to be traded across the ocean at the same time on the Hong Kong Futures Exchange and CME. The Xinhua China 25 Index covers the 25 largest and most liquid H-shares and red-chip stocks listed in Hong Kong, China.

CME China 25 Index Futures

The CME announcement revealed that the index futures target included the 25 largest mainland companies listed on the Hong Kong Stock Exchange, with a total market value of approximately $ 241 billion. This move will make CME the first US exchange to launch Hong Kong Stock Exchange-based red chip and H-share index futures.

The index futures are quoted in US dollars,

CLSA-China

The picture above shows the comparison of the FTSE / Xinhua China A50 Index and the Shanghai 50 Index.

For the A-share market, the Hong Kong Stock Exchange will launch on April 16

Gao Zijian, senior financial engineering analyst at Orient Securities, believes that the Hong Kong Stock Exchange's H-share index futures are now

Just as we were arguing over the timing of the listing of stock index futures, foreign institutions once again announced the launch of the underlying futures products of Chinese derivatives resources. The last time was the Singapore Exchange, this time the Chicago Mercantile Exchange (CME). Unlike the products launched in Singapore, the index launched by CME is the Xinhua FTSE 25 Index. The constituent stocks of this index are the Hong Kong Stock Exchange's red chip and H shares (including the 25 largest Chinese companies listed on the Hong Kong Stock Exchange, with a total market value of (Approximately 241 billion U.S. dollars), compared with the A50 index futures launched by Singapore, it is a more implicit expression of the purpose of competing for the pricing rights of Chinese financial derivatives. From its own perspective, the market entry threshold is very low and the trading conditions are convenient. In addition to CME's own advantages, the Shanghai and Shenzhen 300 stock index futures of the CICC after the listing will face great challenges.

As the industry said, the current demand for Chinese stock derivatives by investors is very strong, and the 25 index futures are specifically designed for Asians' investment capabilities, because the 25 index futures are highly linked to the Chinese stock market. As a result, these investors include not only ordinary individual investors, but also QFIIs in China, and of course, various types of funds that are common and abundant in the Chinese market. It can be seen that CME is obviously more sophisticated in customer positioning than SGX. It also means that China's own stock index futures will face greater competition after the launch.

What most needs our attention is that CME announced that it will officially launch 25 index futures on May 20. This may overlap with the listing time of the CSI 300 index futures, but we can only start from the "first half "It is inferred that although" who launches first and seizes the market "may not be objective, whoever launches first will definitely prevail. After CICC launched the CSI 300 Index Futures, it may also launch its mini-type contracts, and customers may also grab it back, but the key is whether the market opportunity can be seized, and then it goes far and wide to say that the pricing power of China's financial derivatives Struggled again ...