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China targets program trading in review of commodities rules

Beijing appears concerned about potential for trading volumes to overwhelm futures markets
Thursday, September 17, 2015 - 05:50
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An employee looks at a newly-made steel block at a factory of Dongbei Special Steel Group Co., Ltd., in Dalian, Liaoning province in this Apr 10, 2015 file photo. China is extending its control of onshore markets to commodities exchanges, spooked by signs that speculators have shifted from China's volatile stock markets to commodities futures.

Shanghai

CHINA is extending its control of onshore markets to commodities exchanges, spooked by signs that speculators have shifted from China's volatile stock markets to commodities futures.

The country's top commodities exchanges - the Dalian Commodity Exchange (DCE), Shanghai