Shanghai Futures Exchange Metals Volume Jumps 86% in January
Combined trading in aluminum, copper, nickel, and tin futures reached 78 million lots, exceeding five times the average monthly volume.
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Terms & Concepts
- Shanghai Futures Exchange: A major commodities exchange in China regulated by the China Securities Regulatory Commission, facilitating trading in metal and energy futures.
- Futures: Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.
- MoM: Month-over-Month; a metric used to compare financial results or economic data from one month to the immediately preceding month.