Wednesday October 16 2013

News Source: Global Exchanges

Focus: Derivative Market Segment

Type: General




Further to the update of 15th October 2013, the Dalian Commodity Exchange (DCE) has released the “Notice on Relevant Matters over Trading of Iron Ore Futures Contract” and has announced that the iron ore futures contract will be listed for trading on 18th October 2013.

According to the Notice, the first contracts to be traded are I1403, I1404, I1405, I1406, I1407, I1408, and I1409. The listed benchmark price of each contract will be further announced on the trading day before listing. After the settling of each trading day, DCE will publish the trading volume and position-holding volume of all iron ore futures contracts members on that day.

Click on the above link for more details.