How many new varieties can be expected

After the listing of PVC futures, the 3 new varieties introduced this year are just three commodity exchanges "hand in hand."　　The new breed is so in full swing, then, what are the next new varieties worth the market to look forward to? Zhu Bin, director of the South China Futures Institute, said there was little chance of pushing new varieties during the year.　　But innovation is always the eternal power of the development of the futures market, in the long run, many new varieties are still worth looking forward to. He believes that the agricultural futures varieties system has been basically perfect, and then push new varieties of limited space. However, large companies and zce from the chemical field found new expansion space, following the ZCE listed PTA futures, large companies launched LLDPE and PVC, methanol and Coke into the reserve varieties.　　In addition, the rise and fall of live pig prices have brought great risks to the breeding industry, which has long been the study of large commercial pig futures full of expectations. Zhu Bin that compared to the previous period to push new varieties more space.　　For example, there are lead, tin and nickel in non-ferrous metals, and hot plates in the steel series, silver and platinum in the precious metal series, and other energy varieties, such as crude oil, petrol and diesel, are also included in the reserve System. In addition, financial futures have been delayed because of various factors. But as long as the gate, the relevant varieties will be fountain, including stock index futures, stock futures, foreign exchange and interest rate futures. In contrast, Zhu Bin's Most promising innovation tool is options. "Futures market to play a service-related industries and national economy function, there is no perfect tool is not realistic."　　He said that the lack of option protection, spot companies engaged in hedging is like walking a short leg. "The introduction of options will create conditions for the futures companies to design their products and will also bring about great changes in the risk management of futures companies." "Zhu Bin introduced, now futures company risk management is mainly to position margin management." In order to control the risk, the futures company can only raise the margin ratio, which objectively causes the investor's cost to rise. The introduction of the option, because of its risk and the asymmetry of income, will lead to margin collection can not be simply based on the number of positions, and should be the overall risk of customer portfolio estimates. The span system, which is widely used in the world today, is a risk management system designed on this basis.　　Risk managers must simultaneously measure risks and costs and make compromises. "Foreign investment banks rarely make trends in buying and selling advice, but offer many options arbitrage portfolios because there is a lot of uncertainty about trends, and there is a certain formula for options volatility trading." "Zhu Bin Introduction, domestic analysis of futures market has been accustomed to looking at the issue of trend, the view of the market is only up, down, consolidation three kinds." Although the trend point of view in the option trading also has some effect, but the application of options more time to grasp from the volatility. Volatility is easier to master relative to trends, so a skilled option trader is more likely to gain sustained stability gains.