| Futures Market Turnover from Jan. to Aug. Exceed Total of Last Year |
Date: September 2, 2013 The domestic futures markets traded 1.42 billion contracts from January to August, only a step away from the volume of 1.45 billion contracts traded throughout year 2012. Statistics showed that more than 217 million contracts were traded in August with the turnover of more than RMB28.85 trillion, with a year on year growth of 24.77% and 80.02%, and a month on month growth of 7.26% and 1.57%, respectively. What should be noted is that from May to July, the futures market turnover varied from RMB26.5 trillion to RMB28.4 trillion, and then to RMB28.85 trillion, with its record of single month transaction being constantly refreshed. Shanghai Futures Exchange (SHFE) traded 81,586,843 contracts in August, with the turnover of RMB8,198.181 billion (accounting for 37.44% and 28.41% respectively of the whole market). Zhengzhou Commodity Exchange (ZCE) traded 47,300,778 contracts in August with the turnover of RMB1,563.732 billion (accounting for 21.70% and 5.42%, respectively of the whole market). Dalian Commodity Exchange (DCE) traded 67,940,038 contracts in August with the turnover of RMB4,511.747 billion (accounting for 31.17% and 15.64% respectively of the whole market). China Financial Futures Exchange (CFFEX) traded 21,108,463 contracts in August with the turnover of RMB14,580.471 billion (or 9.69% and 50.53% respectively of the whole market). ˇˇˇˇ |