However, the existing futures exchange
shall have three years to meet this threshold.
Newedge offers trading in China via a joint venture with local investment bank CITIC, called CITIC Newedge Futures which has a licence to trade on the Shanghai Futures Exchange
, Dalian Commodities Exchange, Zhengzhou Commodities Exchange and China Financial Futures Exchange
News department staff members from the city of Shanghai and the China Securities Regulatory Commission said Wednesday they had not received any news about plans for a Shanghai futures exchange
Using the same approach as the PWG, the CFTC has evaluated the regulation of futures exchanges
in light of the public policy objectives of deterring market manipulation and protecting investors.
This is the first time that a mainland (Chinese) futures exchange
explores substantive cooperation relationship with exchanges outside mainland (China),'' said Jiang Yang, chief executive officer of SHFE.
Banks were closed and the Stock Exchange of Hong Kong and the Hong Kong Futures Exchange
suspended trading in the morning due to heavy rain associated with Typhoon Sam.
The objective of the Grain Futures Act of 1922 was to reduce or eliminate "sudden or unreasonable fluctuations" in the prices of grain on futures exchanges
SDS clients include major stock and futures exchanges
as well as some of the largest and most successful financial services companies in the world.
HONG KONG, March 3 Kyodo The Hong Kong stock and futures exchanges
and three associated clearing houses will be merged to increase competitiveness, Financial Secretary Donald Tsang said Wednesday.
On the futures exchanges
themselves, financial futures, not agricultural futures, now account for the great bulk of the activity, and retail participation in many of the financial futures contracts is negligible.
Patsystems will provide the access to the futures exchanges
and trading tools that will be customized for trading futures through MidasTrade's TradePro product.