After-hours trading plan
Source: Bloomberg News |
March 14, 2013, Thursday
|
Print Edition
Print Edition
THE Shanghai Futures Exchange is close to adding after-hours trading in a bid to become a more global marketplace, an official at the bourse said yesterday.
The period for night trading will depend on the views of China's securities regulator, said an unidentified official from the exchange's communication department.
The exchange faces rising competition after Hong Kong Exchanges & Clearing Ltd acquired the London Metal Exchange last year, with plans to start trading and clearing LME products during Asian hours. The Shanghai bourse is also preparing for crude oil futures.
The exchange is close to adding night trading from 9:30pm to 2:30am, Chairman Yang Maijun said in Beijing, the Shanghai Securities News said yesterday.
The period for night trading will depend on the views of China's securities regulator, said an unidentified official from the exchange's communication department.
The exchange faces rising competition after Hong Kong Exchanges & Clearing Ltd acquired the London Metal Exchange last year, with plans to start trading and clearing LME products during Asian hours. The Shanghai bourse is also preparing for crude oil futures.
The exchange is close to adding night trading from 9:30pm to 2:30am, Chairman Yang Maijun said in Beijing, the Shanghai Securities News said yesterday.
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