Zhengzhou Commodity Exchange

Zhengzhou Commodity Exchange (hereafter referred to as ZCE) was founded on October 12, 1990. With the approval of the State Council, ZCE was established as Chinas first pilot futures market. After two years of successful operation of a spot market, ZCE officially launched futures trading on May 28, 1993. Up to date, ZCE has listed 23 futures products and 6 options product, including common wheat, strong gluten wheat, early rice, late indica rice, japonica rice, cotton, cotton yarn, rapeseed, rapeseed oil, rapeseed meal, white sugar, apple, thermal coal, methanol, pure terephthalic acid (PTA), flat glass, manganese silicon, ferrosilicon futures and white sugar options, covering crucial fields of national economy including agricultural, energy, chemical, construction materials and metallurgical industries. ZCE acts as the Central Counter Party and conducts clearing for derivatives trading. ZCE conducts clearing for its members and each member conducts clearing for its clients. ZCE i...