40% M-o-M Drop Seen in Volume of Futures Market in Feb.

Date£ºMarch 4, 2015
Source: Financial Times


According to latest statistics from the China Futures Association (CFA), the trading scale of China¡¯s futures market in February decreased on a monthly basis. Based on calculation on one side of the transactions, the volume and the turnover of China¡¯s futures market in February were 159,699,316 contracts and RMB26.572385 trillion, up by 29.23% and 84.81% year on year as well as down by 39.18% and 40.65% month on month, respectively. The volume and the turnover of China¡¯s futures market from January to February were 422,295,533 contracts and RMB71.341533 trillion, up by 51.57% and 118.14% year on year, respectively.
Statistics show that the volume and the turnover of Shanghai Futures Exchange (SHFE) in February were 40,304,086 contracts and RMB3.255022 trillion (accounting for 25.24% and 12.25% respectively of the national market), down by 10.24% and 17.56% year on year as well as down by 54.07% and 47.01% month on month, respectively. By the end of February, SHFE¡¯s open interest totaling 2,543,057 contracts had decreased by 8.6% compared with that at the end of January.
The volume and the turnover of Zhengzhou Commodity Exchange (ZCE) in February were 57,970,170 contracts and RMB1.740769 trillion (accounting for 36.30% and 6.55% respectively of the national market), up by 87.19% and 53.22% year on year as well as down by 25.9% and 21.69% month on month, respectively. By the end of February, ZCE¡¯s open interest totaling 3,319,331 million contracts had increased by 10.08% compared with that at the end of January.
The volume and the turnover of Dalian Commodity Exchange (DCE) in February were 42,213,609 contracts and RMB1.64734 trillion (accounting for 26.43% and 6.2% respectively of the national market), up by 13.86% and down by 23.12% year on year as well as down by 35.04% and 35.84% month on month, respectively. By the end of February, DCE¡¯s open interest totaling 4,264,920 contracts had dropped by 1.66% compared with that at the end of January.
The volume and the turnover of China Financial Futures Exchange (CFFEX) in February were 19,211,451 contracts and RMB19.929255 trillion (accounting for 12.03% and 75% respectively of the national market), up by 80.69% and 178.69% year on year as well as down by 39.23% and 41.1% month on month, respectively. By the end of February, CFFEX¡¯s open interest totaling 275,710 contracts had increased by 15.8% compared with that at the end of January.

[ ¡¡close¡¡ ]