China has approved the launch of liquefied petroleum gas (LPG) futures and options on the Dalian Commodity Exchange, the first time the derivatives will debut nearly simultaneously on a Chinese commodities exchange.
The China Securities Regulatory Commission announced the approvals on Thursday and said the LPG futures contract will be launched on March 30, with trading in LPG options to begin the following day.
The move comes as China has been increasing efforts to internationalise . . .
To continue reading, please subscribe and you will get:
- ORIGINAL & DATA-DRIVEN STORIES - We focus on the most important business events and the key trends in China's economy and markets, with details that you don't see elsewhere.
- THE WIRE - An all-in-one channel with real-time updates of market-moving news and views sourced via a network of journalists, traders, brokers, analysts, etc. and from multiple reliable news outlets in mainland China. Here are some screenshots of our wire service.
- DATA - We provide data, in particular high frequency data from government agencies, various research institutes and industry bodies, to help you get timely and detailed understanding of what is going on in China's economy.
- WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.
Don't Miss Our Summer Special Offer!
Already have an account? Sign In