Guangzhou Futures Exchange Opens Lithium Carbonate Futures to Overseas Traders
2026-07-03 08:23:32
Guangzhou Futures Exchange (GFEX) on July 3 launched “specific domestic product” access for its lithium carbonate futures and options, allowing overseas traders to participate more directly, according to Jiemian News. Overseas traders can use foreign-currency funds as margin. For margin valuation, GFEX will use the onshore yuan central parity rate published by China Foreign Exchange Trade System (CFETS) on the day as the benchmark; the exchange currently allows U.S. dollars as eligible margin currency with a 0.95 haircut. Before market close, the market value of foreign-currency margin will be calculated using the previous trading day’s CFETS yuan central parity rate, and the benchmark rate and discounted amount will be reset at daily settlement.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
AI TRENDS | Meta Considers Partnering With Samsung to Produce Custom AI Chips Worth 10 Trillion WonNext article：
标普全球：欧元区6月服务业指数49.4
