Shanghai Futures Exchange

Metal mania

China is the world’s fastest-growing consumer of base metals and its appetite for raw materials has resulted in a staggering growth in onshore listed derivatives. But its relevance to the institutional markets is still limited. Georgina Lee reports

Forging an index

Efforts by BHP Billiton to create an iron ore index appear to be floundering as Chinese steel producers press hard for pricing advantage. Kathleen Kearney reports

Shanghai steel futures shine on first day of trading

The Shanghai Futures Exchange launched trading in steel futures on March 26 to modest success, with a wide range of trading houses supporting the new contracts, traders and analysts said. The two new contracts are the seventh and eighth products to be…

Shanghai Futures Exchange signs MoU with Nymex

The Shanghai Futures Exchange (SHFE) has signed a memorandum of understanding (MoU) with the New York Mercantile Exchange (Nymex) to explore potential areas of cooperation for the mutual benefit of both exchanges.

Chinese derivatives development appears far off

The timetable for the development of the Chinese regulated derivatives market, both domestically and for international investors, appears unclear, with the likelihood that foreign investors will not gain direct access to Chinese markets for several years…