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China boosts opening-up of futures market to attract global traders Xinhua | Updated: 2020-12-28 16:50 Share CLOSE China s drive to open its futures markets to the outside world has gathered pace with an ultimate goal to serve the real economy amid the country s efforts to seek high-quality development. [Photo/CFP]
BEIJING China s drive to open its futures markets to the outside world has gathered pace with an ultimate goal to serve the real economy amid the country s efforts to seek high-quality development.
China currently has seven kinds of commodity futures and options open to direct participation by international investors, after overseas investors were allowed to participate in the futures trading of a type of palm oil on Dec 22.
China s drive to open its futures markets to the outside world has gathered pace with an ultimate goal to serve the real economy amid the country s efforts to seek high-quality development.
China currently has seven kinds of commodity futures and options open to direct participation by international investors, after overseas investors were allowed to participate in the futures trading of a type of palm oil on Dec. 22.
This came right after China launched the listing and trading of bonded copper futures contracts on Nov. 19, which are open to global traders.
The China Securities Regulatory Commission (CSRC), the country s top securities regulator, said Friday it will further expand the scope of specific futures varieties, enhance the participation of overseas traders and support overseas financial institutions in controlling or holding a stake in domestic futures firms.
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