Following approval to start trading copper futures options on September 21, the Shanghai Futures Exchange has released specified terms for its upcoming copper options contract and has named 18 Chinese companies that will act as market makers on the contract.
The exchange received the greenlight to trade the long-awaited futures copper options from the China Securities Regulatory Commission last week, and once launched will be China's first metal commodity options contract.A futures options contract gives the buyer the right to assume a futures position at a specified price.For its upcoming...