1. The futures trading code of soybean meal is m, and each lot is 5 tons (trading unit). The fluctuation range is 10 yuan, and the minimum price change is 1 yuan/ton.
2. Soybean meal futures trading hours are 09:00- 15:00 in the daytime and 2 1:00-23:00 in the evening.
3. Soybean meal futures are listed and traded on the exchange, and soybean meal has soybean meal option trading.
Details of soybean meal option contract:
According to the CSRC, soybean meal option was listed on Dalian Commodity Exchange on March 3 1, and sugar option was listed on Zhengzhou Commodity Exchange on April 3 19. How to invest in soybean meal options? After handling commodity futures accounts, novices need to learn futures knowledge as much as possible and abide by trading laws and regulations.
To do futures, you need to learn more basic knowledge. China's futures account is free and should be handled through a regular futures company. Capital Futures and China Research Futures are both established large-scale futures companies in China. You can go through the formalities in futures account. First of all, we should sign the futures account contract and open the bank transfer, and then we can trade all the futures products that have been listed in China.
Soybean meal futures options adopt American exercise method, and the framework system of contract and rule design is basically the same as futures. If the option adopts the same one-account-one-code system and matching principle as the futures market, that is, it shares an account with the futures * * *, and it will be converted into futures positions after the option is exercised, which is convenient for option exercise, position holding and hedging management; Adopt the principle of "price priority, time priority" consistent with the basic futures market.
The last trading day of soybean meal option in China Stock Exchange is the fifth trading day one month before the delivery month of the underlying futures contract. The listing of soybean meal options can provide more flexible and convenient risk aversion tools for industrial customers, which will open up the precedent of agricultural product options in China, help improve the agricultural product derivatives market in China, and enrich the risk management tools and strategies of relevant participants.
Soybean meal option contracts usually include the following basic elements, and the contract types are divided into call options and put options. The target of soybean meal option contract is soybean meal futures contract listed and traded on Dalian Commodity Exchange.