Cooling off hot futures market

Regulators issue measures to curb speculative trading amid volatile market

With the huge trading volume and surging prices of the financial derivatives market, Chinese regulators have issued a series of measures to curb speculative trading and maintain stability in the whole financial market.

The Shanghai Future Exchanges announced on April 11 the implementation of trading limits for rebar - finished long steel products used mainly in construction - and the increase of transaction fees within the day on April 21.