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作为一种价格风险管理工具,白糖期权可以更好地满足生产经营者风险管理需要:一是期货投资者可以利用期权对冲期货持仓风险。二是白糖期货合约可派生众多白糖期权合约,三是有利于优化投资者结构。白糖期货自2006年上市以来,市场运行平稳,功能发挥有效,市场流动性较好,已经成为期货市场的成熟品种。时隔十年之后,食糖产业将再添新的风险管理工具。2016年12月16日,中国证监会正式宣布,同意郑州商品交易所开展白糖期权交易。作为金融衍生品的一种,期权在服务实体经济,尤其是服务“三农”方面,有望发挥独特的作用。郑商所将按照“确保顺利上市和平稳运行”的工作目标,扎实推进各项准备工作,为发挥期权市场功能
As a price risk management tool, white sugar options can better meet the needs of producers and managers of risk management: First, futures investors can use options to hedge futures positions risk. Second, sugar futures contracts can be derived from a large number of sugar options contracts, and third, is conducive to optimizing the structure of investors. Since its listing in 2006, the sugar futures market has enjoyed steady operation, effective functioning and good market liquidity, and has become a mature product in the futures market. After a lapse of ten years, the sugar industry will add another risk management tool. On December 16, 2016, China Securities Regulatory Commission (CSRC) formally announced that it agreed to conduct the trading of white sugar options at Zhengzhou Commodity Exchange. As a kind of financial derivatives, options are expected to play a unique role in serving the real economy, especially the service “agriculture, rural areas and farmers”. Zheng Shang will be in accordance with “to ensure the smooth listing and smooth operation ” work objectives, and steadfastly promote the preparatory work, in order to play the function of the option market