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Article: SHFE GALLANTLY MADE TRADING VOLUME OF CNY7TRN
- Article from:
- AsiaInfo Services
- Article date:
- May 30, 2007
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AsiaInfo Services
05-30-2007
SHFE Gallantly Made Trading Volume of CNY7trn
SHANGHAI, May 30, 2007 (SinoCast via COMTEX) -- Trading volume of the futures market of Shanghai had boomingly surpassed CNY 7 trillion up to May 21, 2007.
As one of mainland China's three commodity futures markets, Shanghai Futures Exchange (SHFE) saw 116 million lots of futures transactions, including copper, aluminum, natural rubber, and fuel oil, in 2006, with trading volume of CNY 12 trillion.
Transactions and trading volume respectively soared 72 and 93 over the same period of 2005, a paper from the exchange showed.
The aggressive growth of SHFE kept moving forward from the inception of 2007. By May 21, ...