CSRC allows overseas traders, brokers to trade futures, options of more agro products on ZCE from Jan. 12

China's  colza oil futures is listed and traded formally in Zhengshou Commodity Exchange  in Zhengzhou city, central China's Henan Province, on June 8, 2007. China becomes the third country in the world who trades colza oil futures after India and EU. (Xinhua/Chen Xiaodong)

China Securities Regulatory Commission (CSRC) announced recently to introduce overseas traders and brokers to trade futures and options of three more agricultural products on Zhengzhou Commodity Exchange (ZCE) as from January 12, 2023, reported Xinhua Finance on January 6.

The three agricultural products are rapeseed oil, rapeseed meal and peanut kernel. The futures and options of them on ZCE have been confirmed by the CSRC as specified domestic products.

Generally, specified domestic products refer to terms in the interim measures for the administration of overseas traders' and overseas brokers' engagement in the trading of specified domestic futures products released by CSRC in 2015 to boost innovation and broaden opening up of the futures market in China.   

As the measures provide, the specified domestic products mentioned in the measures are determined and announced by CSRC and overseas traders and overseas brokers are allowed to take part in futures transactions and related business activities of specified domestic products in China.