Green light for synthetic rubber futures trading in Shanghai
18 Jul 2023
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Chinese securities regulatory commission approves registration of SR on Shanghai Futures Exchange
Beijing – China's securities regulatory commission (CSRC) has approved the registration of synthetic rubber futures and options at the Shanghai Futures Exchange (SHFE).
In a statement 14 July, CSRC called on the Shanghai exchange to prepare for the listing and “ensure the smooth launch and stable operation of” SR futures and options.
Neither the regulator nor the SHFE provided further details on the timing of the listing.
In its weekly natural rubber market report 17 July, Japan Stock Exchange JPX said the offering would ‘introduce new trading opportunities in rubber market’.
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