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Nonferrous metals index futures start practice trading

By Gao Changxin in Shanghai | China Daily | Updated: 2014-05-20 07:01

The Shanghai Futures Exchange on Monday started simulated trading of the country's first futures contract based on a nonferrous metals index.

The contract is based on an index compiled by the Shanghai-based exchange. The index tracks the prices of four metals: copper, aluminum, zinc and lead.

The exchange said in an online statement that the simulated trading is intended to raise investors' understanding of the risks involved in index futures.

Nonferrous metals index futures start practice trading

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