Dalian Commodity Exchange’s 1st Spread Swap Business Completed

New breakthrough has been achieved in the commodity swap business of Dalian Commodity Exchange (DCE) recently. On September 25, Xiamen Xiangyu Logistics Group Co., Ltd., a subsidiary of Xiamen Xiangyu Co., Ltd., and Xingye Yinxin Capital Management Co., Ltd. conduct the first commodity swap business with spread as the underlying through the General Service Platform of DCE. This is the first spread swap business since its launching by DCE last month.

The commodity swap business has won extensive attention and increasingly active participation from the market since it was launched by DCE on December 19, 2018, and the accumulated notional principal has exceeded RMB 500 million. On August 26, 2019, DCE rolled out the new commodity swap business with calendar spread and inter-commodity spread as the underlying to further explore new ways of serving entity enterprises and the real economy.