Energy Markets
China opens up its commodity futures market to foreigners
China's securities regulator announced that foreign investors can now trade an additional 14 options and futures products, giving them access to two major Chinese commodity exchanges. The Shanghai Futures Exchange opened its doors to foreign investors. Prior to this, both exchanges were closed to foreign investors. The regulator announced in a statement on Friday that other contracts included petrochemicals listed on the Zhengzhou Commodity Exchange?and three energy options and metals listed on the Shanghai international Energy Exchange?. China is the largest consumer of commodities in the world. It has been eager to use the yuan more and increase the financial...