Shanghai Futures Exchange announced spread-trading orders for copper, gold, steel rebar, and natural rubber futures, effective August 24, 2026.
Spread-trading functionality reduces execution friction for hedgers and arbitrageurs in these four commodity contracts. Natural rubber (NR), copper (CU), gold (AU), and steel rebar (RB) traders can now execute simultaneous leg positions with a single order, lowering slippage and operational cost — relevant for producers, industrial users, and portfolio managers holding exposure to these metals and materials.