As of April 25, 2020, CSRC has approved Dalian Commodity Exchange to conduct live pig futures trading, and live pig futures will be listed on Dalian Stock Exchange soon. At present, the spot market of live pigs is complex and the price fluctuates violently. In this context, the listing of live pig futures is of great significance for the long-term stable development of the live pig industry. Therefore, by participating in futures trading, enterprises in related industries can promote the effective price discovery function of live pig futures and provide open, transparent and continuous price reference for the market, which is conducive to the optimization of resource allocation, reasonable control of breeding scale and healthy development of the whole industry.

The content of this article comes from People's Republic of China (PRC) Financial Code: Application Edition by China Law Publishing House.

Pig futures are futures contracts with pigs as the subject matter. 65438+On February, 2020 1 1 day, China Securities Regulatory Commission announced that live pig futures will be listed and traded on Dalian Commodity Exchange from February, 2002118. The listing of pig futures will provide price discovery and risk management tools for China pig breeding industry, and promote the stable and healthy development of the industry.

Futures is a trading method that spans time. By signing the contract, the buyer and the seller agree to deliver the specified quantity of spot at the specified time, price and other trading conditions. Futures are concentrated in futures exchanges and traded through standardized contracts. Some futures contracts can be traded through over-the-counter trading, which is called over-the-counter contract. According to the types of subject matter, futures can be divided into commodity futures and financial futures.