国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

Futures exchange aims to open its doors

By Cai Xiao (China Daily) Updated: 2014-03-13 08:27

The Shanghai Futures Exchange regards opening its doors to the world as a focus this year, Chairman Yang Maijun said on Wednesday.

"While China's real economy and spot trade have been fully internationalized, the futures market is still limited to domestic investors, so opening our doors to the world is a vital task for us this year," Yang said.

He said more investments in technology and improvements in the trading mechanism are also important.

Futures exchange aims to open its doors

Futures exchange aims to open its doors

Consecutive trading (also known as night trading) "will bring the Chinese futures market more in line with international practice," said Yang. "The crude oil futures that we'll launch will use that system."

Night trading allows Chinese investors to be active in the market during the hours when overseas derivative contracts are trading.

Night trading was offered for gold and silver futures as of July last year, followed by nonferrous metals in December.

Yang said futures contracts for gold, silver, rubber and crude oil are very closely linked with global market condition, so consecutive trading is positive for China's real economy.

The exchange is preparing to launch the country's first yuan-denominated crude oil futures contract in the China (Shanghai) Pilot Free Trade Zone.

Yang said the exchange will seek to build a platform for global petroleum trades and provide convenient currency-exchange and tax facilities.

Xu Mao, a product manager at Galaxy Futures, said that China relies heavily on crude oil imports, so having oil futures in Shanghai will help the nation to participate in pricing. China overtook the United States last September to become the world's biggest net oil importer.

Futures contracts for hot rolled steel coil, tin, nickel and other metals will be launched this year.

Yang said hot rolled coil is a very important product for the Chinese steel sector, and futures for that product will launch within two months.

Hot Topics

Editor's Picks
...
...
横峰县| 三明市| 陆川县| 三亚市| 锦屏县| 琼海市| 丹江口市| 孝昌县| 樟树市| 安泽县| 岫岩| 屯昌县| 邹城市| 双辽市| 铜山县| 阿瓦提县| 石屏县| 宁阳县| 健康| 五指山市| 肇州县| 丹寨县| 松阳县| 宕昌县| 吉水县| 同德县| 龙岩市| 景泰县| 金门县| 麟游县| 金华市| 雅江县| 根河市| 雅安市| 塘沽区| 寻乌县| 青铜峡市| 蓬莱市| 宜州市| 额敏县| 赞皇县|