-USD/RMB (Hong Kong) futures project contract details Contract amount of USD 65,438+trading code CUS quoted USD/RMB.
(For example, USD 65,438 +0 equals RMB 6.2486) The lowest fluctuation is RMB 0.000 1 (the fourth place after the decimal point). The settlement method of the contract month, the next three months and the next three quarters (that is, March, June, September and December) is for the seller to pay the amount of US dollars stipulated in the contract.
The buyer pays the RMB amount calculated at the final settlement price. Trading hours are from 9: 00 am to 4: 00 pm15 (Hong Kong time).
Trading hours on the last trading day: 9: 00 am to 1 1: 00 am.
(The futures trading time can be extended to the futures trading time after the market closes in the future) The final settlement date is the third Wednesday of the contract month. The last trading day of the contract is the final settlement price of two Hong Kong business days before the final settlement date, and the spot exchange rate of USD against RMB (Hong Kong) announced by the Treasury Market Association on the morning of the last trading day 1 15.
Thomson Reuters trading code
There shall be no more than 2,000 open contracts in the spot month and no more than 500 open contracts in any contract month. News link for trading RMB exchange rate futures according to Hong Kong holiday schedule.
The world's first RMB deliverable futures product will be launched on September 17 (this Monday). According to the relevant rules of RMB contracts published by official website Stock Exchange, RMB futures contracts will be based on the exchange rate of US dollars against RMB; Each contract is worth US$ 6,543,800, and only a deposit of 654.38+ 0.24% is required, that is, the deposit of each contract is about RMB 8,000. The contract deposit and settlement transaction fee will be denominated in RMB. According to the above rules, the entry threshold of RMB futures for investors is not high, as long as 8,000 yuan can enter the transaction, and investors can leverage nearly 80 times; And the exchange rate fluctuates in the unit of 0.000 1. Fluctuating a price is equivalent to 10 US dollars. After deducting more than a dozen expenses, earning a price is equivalent to earning 50 yuan, which is six thousandths of the principal of 8,000 yuan.
Compared with domestic commodity futures and stock index futures, the low threshold and high leverage of RMB futures can not only attract financial institutions, import and export enterprises, but also attract individual investors. So can investors easily participate in it? Mr. Chen, a staff member of Securities Hong Kong Company, told reporters that RMB futures trading is mainly aimed at RMB funds in Hong Kong. As long as a Hong Kong stock futures account is opened, the company will send overseas commissioners to handle the account opening procedures for investors, and then conduct online transactions. Starting today, investors can see the quotations of RMB futures contracts on the futures trading software.
The person in charge of China Merchants Futures (Hong Kong) said that many investors, whether retail investors or enterprises, consult RMB futures, and there is a great demand for such a tool that can reduce the risk of RMB exchange rate and increase the return on investment.