BUSINESS China futures market mushrooms in first three quarters

BUSINESS

China futures market mushrooms in first three quarters

Xinhua

16:28, October 13, 2019

BEIJING, Oct. 13 (Xinhua) -- China's futures market mushroomed during the first three quarters of the year, data showed.

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File photo: VCG

The trading volume jumped 30.23 percent year on year during the period while turnover surged 38.68 percent to hit 214.32 trillion yuan (about 30.3 trillion U.S. dollars), according to data from the China Futures Association.

The China Financial Futures Exchange and the Shanghai International Energy Exchange were the top two bourses in terms of trade volume and value.

The China Financial Futures Exchange saw its trade volume and value skyrocket 166 percent and 176.41 percent year on year, respectively.

The Shanghai International Energy Exchange reported 112.86 percent and 89.99 percent growth in trading volume and turnover, respectively.

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