Dalian Commodity Exchange (DCE) is a futures exchange in China that was established in 1993. It is one of the two largest commodity exchanges in China after the Shanghai Futures Exchange. It is also the most active and liquid exchange in the country.
The DCE offers futures contracts in fuels, chemical raw materials, grain, fruits, vegetables and metals. It also has contracts for futures indices and options. The DCE trades continuously from 9 AM to 11:30 PM Beijing time.
The DCEs main focus is on risk management and mitigation, market surveillance and transparency, fair and orderly markets and financial security. The exchange also provides information services, investment advice, systems and database services.
The DCE operates under the regulations and oversight of the China Securities Regulatory Commission and the Peoples Bank of China. The exchange has adopted a set of risk management measures and procedures to protect market participants from fraudulent activities, risk, and malpractices.
The DCE works closely with the National Futures Association and the Shanghai Futures Exchange in the monitoring of trading activities and in the prevention of market manipulation and price distortion.
The exchange has been able to build a strong relationship with the government, industry associations, and members of the public. This relationship has been very beneficial in promoting the exchange’s objectives as well as the sustainable development of the commodity futures market.
The DCE has developed a wide range of electronically traded futures and options products. The most popular contracts being traded on the exchange are the gasoline, diesel, and other fuel oil contracts. Over 2.6 trillion yuan worth of commodities are traded on the exchange, with 697 contracts listed across 19 commodities such as soy beans, heating oil, and corn.
The DCE is a well-regulated and fast-growing futures exchange in China. It has been able to successfully provide a reliable and secure platform to support the hedging and trading needs of Chinese commodity markets. It has been a great source of liquidity for the futures and options markets. With more investors participating in the markets, it is predicted that the DCE will continue to develop and become one of the leading exchanges for commodity futures in the world.
