Till March 27, Dalian Commodity Exchange (DCE) has conducted the collaborative test for market maker mock trading of soybean meal options (the collaborative test for short) for nearly a week. The operation ran smoothly with brisk trading, investors and market makers have been showing high enthusiasm.
The options mock trading in the first week witnessed a total of 28,268,800 contracts, among which 18,516,400 (65.50%) were call options and 9,752,500 (34.50%) were put options. The call options were more active than the put options, which met the market’s expectation to a bullish soymeal option market. In the first week, a total of 7,469 clients participated in the trading, including 122 unit clients (including market makers) and 7,347 individual clients.
The market makers traded a total of 14,357,900 contracts in the first week, accounting for 50.79% of total mock trading volume.
