Commodity trading
Source: Shanghai Daily |
October 27, 2014, Monday
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Print Edition
Print Edition
SHANGHAI’S pilot free trade zone has released draft rules for spot trading of commodities, a step closer to creating international trading platforms in the FTZ.
The 48-item draft specifies requirements for market participants, trading methods, regulations on fund management and product delivery as well as risk control measures.
“The release of the draft is a step toward building international resource allocation platforms for energy products, raw industrial materials and agricultural products,” the China (Shanghai) Pilot Free Trade Zone Administration said in a statement on its website last week.
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