BEIJING, Feb.14 (Xinhua) – China’s futures market saw robust growth in trading volume and revenue in 2020, according to industry data.
China’s total futures market revenue increased 50.56 percent in 2020 from a year earlier to reach 437.530 billion yuan (about $ 67.9 trillion), a record high, according to the ‘China Futures Association.
Last year, the market transaction volume totaled 6.15 billion lots, an increase of 55.29% year-on-year.
The combined volume of futures trading in the Chinese market represented 13.2% of the global total last year, 1.7 percentage points higher than in 2019.
The Shanghai futures market took the top spot in terms of revenue, growing 35.8% year on year to 152.8 trillion yuan, accounting for 34.92% of total revenue in China.
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