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.