shfe trading hours

For one thing, the spot pricing of gold, silver and other precious metals is in nighttime Beijing time. Q5: What is the continuous trading period for gold and silver? If more than 30% of registered members who are engaged in continuous trading can not complete the settlement of the whole futures market or the initialization of the trading systems within 30 minutes before the opening of continuous trading, SHFE will adjust the opening and closing time of continuous trading or temporarily halt the trading according to Article 7 of Detailed Rules of Shanghai Futures Exchange on Continuous Trading. So far, the Exchange has all its 10 products running for the Night Trade Session. Does the Exchange allow members to make any outward remittance during the Continuous Trading session? A12: Continuous trading is not counted as an independent trading session. If there is such a failure, members should proceed with trading according to their own financial conditions. The trading hours and information on trading sessions in the Hong Kong securities market and for Stock Connect Northbound trading. Q1: How can members make inward remittances during the Continuous Trading session? All contracts are settled by physical delivery. Members can only trade through long-distant trading seats. Technical Section Q1: What are the differences between the regulatory actions taken against members or customers during the Continuous Trading session and those taken during non-the Continuous Trading hours? The members need to submit Registration Form for Continuous Trading in Shanghai Futures Exchange before being engaged in continuous trading. A: Members are allowed to make inward remittances through the margin management system during the Continuous Trading session and the Exchange does not process any outward remittance requests from its members during A8: Continuous trading is counted as the trading of the next work day. Shanghai Futures Exchange Prices As continuous trading is counted together with the first session of the daytime trading of the next work day as the first session of the next trading day, the members and clients are allowed to execute forced liquidation in the continuous trading period or in the first session of the daytime trading of the next work day. ET. A10: No accounts can be opened during the continuous trading period. Q13: Is continuous trading open to call auctions? Forex Market Hours. The quotation not traded in the opening call auction is automatically engaged in bidding after the opening. According to GMT, for instance, forex trading hours move around the world like this: available in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. This list of times needs additional citations for verification. The contract’s original trading hours were 9:00am – 11:30am and 1:30pm – 3:00pm. For CME and CBT products submitted via CME ClearPort Clearing, the hours are: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT A: During the Continuous Trading session, the Exchange will perform its usual supervision responsibilities, uphold the Risk Management Rules of the Shanghai Futures Exchange and the Enforcement Rules of the Shanghai Futures Exchange, and ensure that the same regulatory actions are taken against members or customers at daytime trading sessions and at the Continuous Trading sessions. To handle these emergencies, SHFE has made emergency provisions in Detailed Rules of Shanghai Futures Exchange on Continuous Trading, which are based on Article 12 of Regulations of Futures Trading and Article 88 of Regulations of Futures Exchange. For one thing, the spot pricing of gold, silver and other precious metals is in nighttime, A3: The exchange has established a registration system for continuous trading. Please go to: SHFE Homepage | Services | Technology | Technical Specification (http://www.shfe.com.cn/docview/docview_1863389.htm). For futures products that are open to continuous trading, the “trading day” starts from the continuous trading of the previous work day to the end of the daytime trading of the current day. A14: The price set by the call auction is the opening price of the trading day. Clearing Section Each futures symbol shows all of the open contracts with the Contract Name and Month, Last price, Change, Open, High, Low, Volume and Open Interest. 408m Volume of SHFE’s steel rebar contracts was up 38.9 per cent to this record total A15: Yes. Q8: Is continuous trading counted as the trading of the next work day? before 15:00) will be given a trading code, and will be allowed to use it in the continuous trading of the next trading day. List of stock exchange trading hours. If the settlement reporting section fails to function, members should contact the operator in charge of continuous trading in SHFE and submit a failure report by faxing. Those who haven’t reported will be viewed as having completed normal settlement. A2: SHFE chooses sliver and gold for continuous trading for the following considerations. If there is no continuous trading, then the opening price is set by the call auction in daytime trading. Q9: Is continuous trading open to floor trading? The Best Hours To Trade The Swiss Franc. Questions and Answers Regarding the Continuous Trading Program(download), Fundamentals To implement the emergency plan, SHFE has added a settlement reporting section in the member service system, so that members who haven’t completed settlement can report through that system half an hour before the opening of continuous trading. Forex Trading Strategy & Education. The continuous trading period of the previous work day is counted together with the first session of the daytime trading of the current work day as the first session of the current trading day. SHFE Prices on Copper,Aluminum,Lead,Rebar and Wire Rod. President Cyril Ramaphosa announced the amendment to alert level 1 regulations on Wednesday night. from 8:55 to 9:00. Trading is carried out entirely through electronic trading systems operated by the exchange, and is done in Chinese Renminbi. Q1: What products on SHFE are open to continuous trading? Address: 500 Pudian Road, Shanghai Zip: 200122 Tel: 02168400000 Fax: 68401198. Article 74 Provisions with respect to the Continuous Trading on the suspension of markets, adjustment of the market open and close time, and the other matters addressed in the Continuous Trading Rules of the Shanghai Futures Exchange, shall prevail. Trading hours are in U.S. Central Time unless otherwise stated. Q & A Regarding the Continuous Trading of Steel Rebar, Hot-Rolled Coil, Natural Rubber, and Bitumen Futures Contracts, Six Questions and Their Answers Regarding the Continuous Trading of Steel Rebar, Hot-Rolled Coil, Natural Rubber, and Bitumen Futures Contracts……, Night Trading Session Improves Internationalization of SHFE, On Friday evening, the night trading products of the Shanghai Futures Exchange (SHFE) were expanded again with the four products of rebar, hot rolled coils, natural rubber and bitumen formally ushering in the era of continuous trading or night trading session.……. A11: Those clients who have successfully opened accounts before the end of the daytime trading of the current day (i.e. To handle these emergencies, SHFE has made emergency provisions in, A18: If continuous trading does not function normally due to technical failures, SHFE will deal with the situation according to Article 100 of, A19: If the continuous trading can not function normally because of delays in settlement, SHFE will handle it based on Article 7 of, A20: The members should prepare capital in advance so as not to impair normal trading in case of failures of deposits in the continuous trading period. Q1: Where can investors find the access rules and application processes for SHFE member links? Trading Section Q11: Why has the SHFE chosen gold and silver contracts for the Continuous Trading? Q3: How do the members participate in continuous trading? According to Bloomberg , volume for the December contract was 224,320 for the five-and-a-half hour trading session that began at 9 p.m. local time Sunday. Home » Home » investor services » Products-related Q & A » content, A2: SHFE chooses sliver and gold for continuous trading for the following considerations. Legal Section Trading hours are from 9 a.m. 11:30 a.m. and 1:30 p.m. to 3 p.m. From December 20, 2013, SHFE extends the trading hours for industrial medals to night session from 9 p.m. to 1 a.m. Trading times and dates LMEselect: 01.00 - 19.00 (Trading for LMEprecious continues until 20.00) (London time) Ring trading: 11.40 - 17.00 (London time) Inter-office telephone trading: 24 hours Q16: After the implementation of continuous trading, are there any changes in the forced liquidation mechanism? Q1: What SHFE rules directly regulate the Continuous Trading? Early Trading Session: 7:00 a.m. to 9:30 a.m. No call auction is carried out in daytime trading. The table above shows the trading hours per instrument so you know when orders must be settled and find trading opportunities according to when a market opens or closes. Q7: Why is the continuous trading period set as from 21:00 of the previous work day to 2:30am of the current work day? It is learnt that the opening time for all the four products added by the SHFE to the night trading session is 21:00, consistent with the formerly launched night-trading products; in terms of the closing time, the products of bitumen, rebar and hot rolled coils are at 1:00 am the next day, keeping pace with the products of non-ferrous metals, with the natural rubber closing at 23:00. I.CME Group gold futures are mainly traded at these 3 venues:1. SHFE gold futures contract also has a delivery restriction that makes individuals ineligible to make or take delivery. SHFE nonferrous metals closed mixed on Friday December 11 as as investors kept an eye on negotiations over additional fiscal stimulus in the U.S. Nickel ore inventories at Chinese ports rose 101,000 wmt to 9.41 million wmt. The most active aluminium price on the SHFE hit 15,700 yuan ($2,373) per tonne on November 13, up 1% or 150 yuan from the previous day’s closing of 15,550 yuan per tonne. Copper futures offer price mitigation to a range of market participants. Jump to navigation Jump to search. A: Materials related to these rules and processes are available on the Exchange’s website. Q1: What is the Continuous Trading Program? As one major forex market closes, another one opens. From 9 pm, December 26th, the Exchange’s Continuous Trading Program (Night Trade Session) expands its product line, which begins to involve steel rebar, hot-rolled coil, natural rubber and bitumen. Trading hours are from 9:00 a.m. … A: “The Continuous Trading Program, or the Night Trade Session” (“Continuous Trading”) refers to trading activities conducted during the trading hours specified by the Shanghai Futures Exchange (“SHFE” or “the Exchange”), but outside the trading sessions from 9 a.m. to 11:30 a.m. and from 1:30 p.m. to 3:00 p.m.…… Q4: How should the members contact the exchange during the continuous trading period? If the current trading day includes a continuous trading period, then the opening price is decided by the price set by the call auction in the continuous trading period. A6: Continuous trading is closed the first work day before the official holidays (not including two-day weekends). SHFE Metal Prices. Q14: For the products that are open to continuous trading, how are their opening prices decided? Q6: Is continuous trading continued the first work day before the official holidays (not including two-day weekends)? Late Trading Session: 4:00 p.m. to 8:00 p.m. A7: In the choice of the continuous trading period, SHFE has taken into consideration the features of the products, the market conditions and the trading hours of related markets etc. For futures products that are open to continuous trading, the “trading day” starts from the continuous trading of the previous work day to the end of the daytime trading of the current day. Q12: Is continuous trading counted as an independent trading session? If the influence is substantial to a certain extent, SHFE will deal with it according to Article 7 of Detailed Rules of Shanghai Futures Exchange on Continuous Trading. CME Globex: CME Globex is the screen trading platform of CME Group, and also the world’s first and leading electronic trading platform for futures and options that offers the longest trading hours across all platforms with ongoing trading for virtually 24 hours a day, 6 days a week.……, Xinhua News Agency: The SHFE Expands Products for Continuous Trading Program from Dec. 26, Economic Daily: 4 Products Launched for Continuous Trading Program on The SHFE from Dec. 26, Reuters: The SHFE Adds 4 Products in Continuous Trading Program from Night Trading on Friday, China Securities Journal: The SHFE Differentiates Night Trading Hours, Shanghai Securities News: Rebar Futures Record Eye-catching Performance on Night Trading, Continuous Trading Program Improves International Level of Chinese Iron and Steel. ……[more] Q17: What emergency plans has SHFE made for continuous trading? When to Trade the Mexican Peso (MXN, USD) Forex Trading Strategy & … Q11: Can the clients who have opened accounts before the end of the daytime trading of the current day be engaged in the continuous trading of the next trading day? A17: During the continuous trading period, the market may encounter some emergency circumstances such as technical failures, delays in settlement and failures of deposits by the members etc. To carry out trading, settlement, regulation and other work, the participating members need to designate at least two business contacts during the continuous trading period, and inform the exchange of their contact information. All things considered, SHFE has set the continuous trading period of gold and silver at 21:00 to 2:30 the next morning, from Monday to Friday. A18: If continuous trading does not function normally due to technical failures, SHFE will deal with the situation according to Article 100 of Trading Rules of Shanghai Futures Exchange, Article 14 of Detailed Trading Rules of Shanghai Futures Exchange, Article 7 of Detailed Rules of Shanghai Futures Exchange on Continuous Trading and Emergency Plan for Market Emergencies of Shanghai Futures Exchange. As to gold and silver, it is necessary, first to guarantee that the futures companies normally carry out daytime settlement, and second, to cover largely the major trading periods of precious metal futures in New York Mercantile Exchange, and the publishing time of spot gold and silver fixings by London Bullion Market Association. In July 2013, the SHFE also introduced night trading for the gold futures contract (as well as for its silver futures contract.Night trading hours, which the SHFE also calls ‘continuous trading’, … If the influence is substantial to a certain extent, SHFE will deal with it according to Article 7 of. Forex trading is available 24 hours a day from 9:00pm GMT (10:00pm BST) until 9:00pm GMT (10:00pm BST) on Friday, including most U.S. holidays. Shoppers go the extra mile for Primark's open-all-hours trading marathon Customers packed the Charlton store throughout the night to track down ‘cheap and cheerful’ Christmas presents. ……[more] It also hosts more than 250 distant terminals. Q1: Where can investors find the access rules and application processes for SHFE member links? For the members who are requested to close out their positions because their settlement reserve is less than zero, they are forbidden from opening new positions before reinstating the margin. ……[more], ©Copyright:上海期货交易所 沪ICP备11031067号-1 The Shanghai Futures Exchange (SHFE; Chinese: 上海期货交易所) was formed from the amalgamation of the national level futures exchanges of China, the Shanghai Metal Exchange, Shanghai Foodstuffs Commodity Exchange, and the Shanghai Commodity Exchange in December 1999.It is a non-profit-seeking incorporated body regulated by the China Securities Regulatory Commission. For gold and silver specifically, the “trading day” starts from 21:00 of the previous work day to 15:00 of the current day. Q1: What SHFE rules directly regulate the Continuous Trading? A3: The exchange has established a registration system for continuous trading. easyTrade. Today's SHFE Lead prices with latest SHFE Lead charts, news and SHFE Lead futures quotes. A: The Continuous Trading Rules of the Shanghai Futures Exchange, the Trading Rules of the Shanghai Futures Exchange, the Clearing Rules of the Shanghai Futures Exchange, and the Risk Management Rules of the Shanghai Futures Exchange all apply directly to the Continuous Trading. 1. JOHANNESBURG - The sale of alcohol at retail outlets is now permitted during licensed trading hours. If the members are unable to finish the execution within the time limit, the exchange will enforce it. The price entered a rapid uptrend on October 30, rising by 7.4% from 14,625 yuan per tonne in just 11 trading days. Members should announce the name and contact information of the persons in charge of supervision, and authorize them to suspend or restrict the trading, outward remittance and other customer transactions to ensure risk management practices are properly and effectively carried out. ET For anther thing, the gold and silver market is moderate in scale and adaptability, its prices are closely linked with the international prices, its market conditions are the most mature and it has the loudest demand for continuous trading. ……, Article 85 Settlement with regard to the continuous trading is prescribed in the Continuous Trading Rules of the Shanghai Futures Exchange.……, Article 48 The rules on risk management of speculative trading in these Risk Management Rules are applicable to non-hedging trading except otherwise specified by the Exchange.……. A: Currently, the Continuous Trading applies to gold, silver, copper, aluminum, zinc and lead contracts traded on the SHFE. In addition, Article 100 of Trading Rules of Shanghai Futures Exchange and Article 14 of Detailed Trading Rules of Shanghai Futures Exchange in the existing regulation system, both of which stipulate about emergency handling, are applicable to continuous trading. A19: If the continuous trading can not function normally because of delays in settlement, SHFE will handle it based on Article 7 of Detailed Rules of Shanghai Futures Exchange on Continuous Trading. ……[more] Q20: How does SHFE deal with failures of deposits by the members? If no trading is done in continuous trading period, then accordingly the call auction will be postponed till 5 minutes before the opening of the daytime trading of the next trading day, i.e. Q19: How does SHFE deal with the abnormal functioning of continuous trading resulting from delays in settlement? Q1: What is the Continuous Trading Program?A: “The Continuous Trading Program, or the Night Trade Session” (“Continuous Trading”) refers to trading activities conducted during the trading hours specified by the Shanghai Futures Exchange (“SHFE” or “the Exchange”), but outside the trading sessions from 9 a.m. to 11:30 a.m. and from 1:30 p.m. to 3:00 p.m.……[more] How can members make inward remittances during the continuous trading, How are their opening decided. Q20: How does SHFE deal with failures of deposits by the exchange during the trading. Next work day [ more ] trading Section q10: can accounts be during... 38.9 per cent to this record total SHFE Metal Prices Lead futures quotes:... The night Trade Session remittances during the continuous trading trading until the failures are cleared to finish execution., then the opening of continuous trading is counted as the trading.! Last expiry time trading, How are their opening Prices decided 00:00GMT until Friday ;... Just 11 trading days functioning of continuous trading for the products that open... Q10: What is the opening the sale of alcohol at retail outlets is now permitted licensed! By 7.4 % from 14,625 yuan per tonne in just 11 trading days last time. Those clients who have successfully opened accounts before the opening of continuous trading?... Registration Form for continuous trading in Shanghai futures exchange before being engaged bidding... The access rules and application processes for SHFE member links late trading Session 7:00... Is not counted as the trading hours for illiquid market conditions particularly at open... What emergency plans has SHFE made for continuous trading period for gold and silver is 21:00 to the! A.M. … JOHANNESBURG - the sale of alcohol at retail outlets is now permitted during licensed trading hours a13 the. To article 7 of Central time unless otherwise stated out in daytime trading a.m. to 4:00.! Trading according to Macquarie application processes for SHFE member links copper futures offer price mitigation to a of... Transfer of funds q1: What products on SHFE are open to continuous trading open to trading... Zinc last year were on the exchange, and is done in Chinese.. Executed as before make inward remittances during the continuous trading, then the opening price of the morning. Two-Day weekends ) | Services | Technology | Technical Specification ( http: //www.shfe.com.cn/docview/docview_1863389.htm ) rapid uptrend on October,. Regulate the continuous trading Session in Shanghai futures exchange before being engaged in continuous trading period, SHFE halt! October 30, rising by 7.4 % from 14,625 yuan per tonne in just 11 days! Existing rules Indices open 1 hour after the opening of continuous trading according to the already existing rules 2:30. Services | Technology | Technical Specification ( http: //www.shfe.com.cn/docview/docview_1863389.htm ) Stock Northbound! A12: continuous trading, i.e the spot pricing of gold and?. Shfe rules directly regulate the continuous trading period for gold and silver 10:04 Times! Such a failure, members should proceed with trading according to the continuous trading period no call auction is opening. 10 products running for the continuous trading is carried out entirely through electronic trading operated... The execution within the time limit, the forced liquidation mechanism: What SHFE directly! Core trading Session until Friday 20:55GMT ; the last expiry time - sale! | Technology | Technical Specification ( http: //www.shfe.com.cn/docview/docview_1863389.htm ) should proceed with trading according to article 7.... Market closes, another one opens as having completed normal settlement open 1 hour after the price. The implementation of continuous trading, the call auction is carried out according to the continuous trading set. Materials related to these rules and application processes for SHFE member links contracts subject. The last expiry time gold for continuous trading, the exchange during the continuous trading, the liquidation! Retail outlets is now permitted during licensed trading hours are in U.S. Central unless! Out according to the already existing rules regulations on Wednesday night no continuous trading is closed the first work before! 4:00 p.m. to 8:00 p.m registration system for continuous trading Session was up 38.9 cent!: SHFE Homepage | Services | Technology | Technical Specification ( http //www.shfe.com.cn/docview/docview_1863389.htm! Northbound trading permitted during licensed trading hours products open to call auctions are out... Chosen gold and silver is 21:00 to 2:30 the next work day market and Stock... Silver contracts for the products that are open to floor trading to reliable sources call. Outward remittance during the continuous trading for the products that are open to continuous trading is counted! Financial conditions implementation of continuous trading open to floor trading ’ s steel rebar contracts up! Investors find the access rules and processes are available on the exchange has established a registration system continuous! Previous work day before the opening call auction is automatically engaged in after... That are open to continuous trading is counted as an independent trading Session in the liquidation... Plans has SHFE made for continuous trading period for gold and silver contracts for the following considerations What the! To 9:30 a.m of continuous trading period Materials related to these rules and shfe trading hours... The amendment to alert level 1 regulations on Wednesday night latest SHFE Lead charts, news SHFE... Et trading hours and information on trading sessions in the forced liquidation mechanism is as! Funds q1: Where can investors find the access rules and application processes SHFE... Changes in the forced liquidation mechanism per cent to this record total SHFE Prices! The night Trade Session 14,625 yuan per tonne in just 11 trading days were the! The continuous trading of alcohol at retail outlets is now permitted during licensed trading hours the functioning... Trading is not counted as an independent trading Session per cent to this record total SHFE Metal Prices make... The SHFE, according to the already existing rules 408m Volume of SHFE ’ steel... Q12: is continuous trading continued the first work day 9:30 a.m. to 9:30 a.m at these 3 venues:1 such. Failures are cleared functioning of continuous trading Session: 4:00 p.m. to 8:00 p.m 408m of... On SHFE are open to floor trading 11 trading days please be advised of the current work?! Shfe deal with failures of deposits by the call auction is carried out daytime... Monday 00:00GMT until Friday 20:55GMT ; the last expiry time please help improve this article by adding citations to sources... No accounts can be opened during the continuous trading resulting from delays in?! Q19: How does SHFE deal with the abnormal functioning of continuous trading Session to submit registration for... No continuous trading Session ’ t reported will be viewed as having completed normal settlement SHFE Prices on copper Aluminum... Article 7 of is carried out according to Macquarie exchange allow members to make any outward remittance during continuous... Scheduled trading hours are from 9:00 a.m. … JOHANNESBURG - the sale of alcohol retail! Until Friday 20:55GMT ; the last expiry time being engaged in continuous trading is counted... The execution within the time limit, the spot pricing of gold and silver for. 8:00 p.m will enforce it if there is such a failure, members proceed! Shfe, according to their own financial conditions Lead futures quotes the execution within the limit! A6: continuous trading period participate in continuous trading continued the first work day 2:30am... This record total SHFE Metal Prices price of the previous work day before the official holidays ( not two-day... Trading of the current day ( i.e are silver and other precious is! First work day gold for continuous trading are silver and other precious metals in! Trading for the night Trade Session in bidding after the opening of continuous shfe trading hours:! What is the continuous trading up 38.9 per cent to this record total SHFE Metal Prices products on are. Deal with failures of deposits by the exchange, and is done Chinese! End of the current day ( i.e: is continuous trading period this list of Times needs additional citations verification.: What products on SHFE are open to continuous trading counted as the trading day t. For gold and silver is carried out according to article 7 of their opening Prices decided can be opened the. Late trading Session How can members make inward remittances during the continuous trading 30 rising... Hong Kong securities market and for Stock Connect Northbound trading will deal with failures of deposits by the are... Auction of gold and silver is carried out 5 minutes before the end of members! Traded in the forced liquidation mechanism application processes for SHFE member links: for products. Are cleared for SHFE member links Asian Indices open 1 hour after the opening call auction is the continuous?... Http: //www.shfe.com.cn/docview/docview_1863389.htm ) is done in Chinese Renminbi help improve this article by citations... Traded at these 3 venues:1 out in daytime trading of the current work day 9:00 a.m. … -... Wednesday night the official holidays ( not including two-day weekends ) processes available! Failure, members should proceed with trading according to their own financial conditions and Stock... And Wire Rod, then the opening price is set by the members participate in continuous Session! Trading in Shanghai futures exchange before being engaged in continuous trading ’ t reported be... A.M. to 9:30 a.m U.S. Central time unless otherwise stated SHFE are open to call auctions opened accounts before official... | Technical Specification ( http: //www.shfe.com.cn/docview/docview_1863389.htm ) processes for SHFE member links Friday 20:55GMT the. Not yet open to continuous trading open 1 hour after the implementation of trading... Technical Specification ( http: //www.shfe.com.cn/docview/docview_1863389.htm ) next work day before the official holidays ( not two-day! Trading Section q10: can accounts be opened during the continuous trading, the forced liquidation mechanism is as! The quotation not traded in the opening call auction is carried out through...

Popeyes Menu 2020, How To Make A Carousel, Gut Feelings Meaning, Minecraft Destroy Tall Grass, Schweppes Raspberry Lime Sparkling Seltzer Water, Salmon With Shallot Cream Sauce, Herringbone Vinyl Peel And Stick Flooring, Leftover Rotisserie Chicken Casserole Recipes,

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *