Crude oil
On September 25, the Shandong Taxation Bureau announced that it would levy a risk reserve fund from local refineries. This reserve is a windfall profit tax levied on refineries after t...
(1) Index Futures
Rolling Data for Short Hedging during the Statistical Period
The optimal rolling contract is IF2103, and the annualized rolling cost is -7.14% to 5.98%;
The optimal rolling contra...
After reviewing the Measures which QFII/RQFII trade Domestic Securities and Futures,
The interpretation is as following: (not confirmed by regulators, just personal interpretation, for your ref...
Chinese regulators announced a revamp Friday of two major inbound investment programs in a further move to ease foreign institutional investors’ access to the country’s capital markets.
Starting No...
China moved to further ease foreign access to its capital markets on Friday, officially combining two major inbound investment schemes and broadening the scope for foreign institutional investment.
T...
Summary: price spread for CSI300 and CSI500 spot/current month contracts show room for arbitrage. No spread for next month/current month contracts show room for arbitrage.
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Upon the approval by the State Council, for the purpose of further opening up China’s capital markets, China Securities Regulatory Commission (CSRC), People’s Bank of China (PBC), and State Administr...
It’s reported that with the approval of the State Council, CSRC and other three departments issued the "Measures for Qualified Overseas Institutional Investors and Domestic Securities Futures Investme...
Crude oil
Recently, the National Petroleum Corporation of Libya has successively lifted the force majeure between oil terminals and oil fields. In terms of ports, except for the two largest oil ...
Summary: price spread for CSI300 and CSI500 spot/current month contracts show room for arbitrage. No spread for next month/current month contracts show room for arbitrage.
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(1) Roll Spread of Stock Index Futures Tracking
Calculated as the contract price of the current month minus the contract price of the following month, for the long roll, the positive calculation resu...
Crude oil
Last weekend, Libya’s LNA leader Haftar announced that the oil blockade would be lifted. Two oil companies, Arabian Gulf Oil Company and Sirte Oil and Gas Company, announced the resump...