The whole market simulation test of corn starch on the market soon.
On November 29, Dalian Commodity Exchange (hereinafter referred to as "Dashi") conducted the first market-wide trading test of corn starch futures contract. The testing process is smooth and the functional points are normal, which comprehensively verifies the security and effectiveness of the trading system.
This test retains the existing varieties and increases the approved new variety of corn starch, whose contract code is "cs". (the bilateral trading volume of corn starch futures test was 1.29 million lots, and the total bilateral position was 9.95 million lots. According to reports, 158 members participated in the test on that day, and more than 300 seats were logged in. The test participants included representatives of members out of the market, relevant personnel of remote trading systems and settlement systems, and market information providers. In the process of testing, the trading staff of member units have completed the testing of various functions, such as login, opening, closing, whether the transaction data is correct, the feedback speed of issuing order, the feedback speed of transaction return, real-time quotation, reserve order entrustment, fund change and so on.
The staff related to the system testing organization of the Dashang Institute said that the corn starch futures trading simulation test, with active participation of members and high enthusiasm, not only verified the operation of the trading technology system from a business and technical point of view, but also made the participants familiar with the trading rules of the variety, the test process and results were satisfactory, and the trading and settlement were normal.
Market participants said that with the smooth progress of system testing, it shows that the listing of corn starch has been guaranteed by technology and business operation process, and the listing time of corn starch futures may not be far away.
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