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Volume of Futures Contracts Rises 45%

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The number of futures contracts traded on Chinese exchanges rose 45.22 percent in 2010 compared with 2009, the China Futures Association (CFA) said Sunday.

The volume of contracts traded on China's futures markets reached 3.13 billion contracts in 2010, the CFA said in an emailed statement.

Turnover, or the value of the traded contracts, jumped 136.5 percent to 308.67 trillion yuan (US$46.83 trillion).

Futures contracts in China are traded on the Shanghai Futures Exchange, the Dalian Commodity Exchange, the Zhengzhou Commodity Exchange and the China Financial Futures Exchange.

Stock index futures started trading on the China Financial Futures Exchange on April 16, 2010.

(Xinhua News Agency January 2, 2011)

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