Zhengzhou Commodity Exchange to launch PX futures

Zhengzhou Commodity Exchange (ZCE) issued on Aug 4 an announcement to soliciting opinions on PX futures, options contracts and business rules.

In accordance with the Futures and Derivatives Law of the People's Republic of China, Regulations on the Administration of Futures Trading, Measures for the Administration of Futures Exchanges and other relevant laws, regulations and rules, Zhengzhou Commodity Exchange published on Aug 4 the drafts to solicit opinions on ZCE's PX Futures Contracts, the PX Futures Business Rules, PX Options Contracts.