As one of the largest Chinese futures exchanges, the Shanghai Futures Exchange (SHFE) provides a marketplace for the trading, clearing and delivery of futures contracts in gold, silver, copper, aluminum, zinc, lead, nickel, tin, steel rebar, steel wire rod, fuel oil, natural rubber, bitumen and hot-rolled coil.
Since 2013 SHFE has launched the night trading session for futures contracts in gold, silver, copper, aluminum, zinc, lead, steel rebar, hot-rolled coil, natural rubber and bitumen. Now it is forging ahead with the efforts listing crude oil futures, commodity index futures and commodity options.
Over 200 domestic member firms are connected with SHFE via 700 distant trading terminals all over China. In the years to come, SHFE aims to become a lead exchange with primary standing in Asia-Pacific and to offer premium services to the market users around the region.
Zhengzhou Commodity Exchange
Zhengzhou Commodity Exchange (ZCE) is the first pilot futures market approved by the State Council. At present, the listed products on ZCE include Wheat (Strong Gluten Wheat and Common Wheat), Cotton, White Sugar, Rapeseed, Rapeseed Oil, Rapeseed Meal, Early Long Grain Non-glutinous Rice, Japonica Rice, Pure Terephthalic Acid (PTA), Methanol, Flat Glass, Steam Coal and Ferroalloy, form a comprehensive range of products covering several crucial areas of the national economy include agriculture, energy, chemical industry and construction materials.
Adhering to the principle of openness, fairness and justness, unswervingly bringing market functions serving real economy into full play as direction, ZCE will reinforce market fron-line supervision, strengthen the construction of the market-based fundamental systems, pratically secure the legitimate rights and interests of investors, especially mediun and small investors，keep to improving the market performance quality and development quality and work hard to make ZCE an modernized futures exchange with importance and influence both in the internal and international markets.
Dalian Commodity Exchange
Founded in 1993, Dalian Commodity Exchange (DCE) is the only futures exchange in Northeast China. Currently, DCE has listed a total of 16 futures products, including corn, corn starch, No.1 soybean (non-gmo), No.2 soybean (gmo), soybean meal, soybean oil, RBD palm olein, egg, blockboard, fiberboard, linear low density polyethylene (LLDPE), polyvinyl chloride (PVC), polypropylene (PP), coke, coking coal and iron ore, covering sectors of grain, oil and oil seeds, livestock, animal feed, forestry, chemical, energy and metal. By the end of 2014, DCE had 170 member firms. In 2014, DCE traded 770 million lots and RMB 41.49 trillion in trading volume and turnover. According to Futures Industry Association (FIA), DCE was the 10th largest derivatives exchange in the world by trading volume in 2014.
China Financial Futures Exchange (CFFEX)
With the approval of the State Council and the authorization of China Securities Regulatory Commission (CSRC), China Financial Futures Exchange (CFFEX) was jointly founded by Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, Shanghai Stock Exchange and Shenzhen Stock
Exchange on September 8, 2006 in Shanghai, with the registered capital of RMB500 million. The establishment of CFFEX is of strategic significance to deepening reform on the financial market, perfecting the financial market system, and exercising the function of the financial market.