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06 Feb
09:26

Dalian moves to internationalise its iron ore futures

The Dalian Commodity Exchange (DCE) has recently received official approval from the China Securities Regulatory Commission about allowing overseas investors to be involved in trading iron ore futures. The DCE hopes a more influential and transparent iron ore futures price can be generated by increasing foreign participation. Last year the DCE recorded 329 million trades in its iron ore futures contract, with around 37% of the daily average position held by corp…
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