Investing.com -- The Shanghai Futures Exchange has issued draft proposals to allow overseas investors to participate in domestic futures trading for various commodities. This move is seen as part of an initiative to increase the global presence of the renminbi .
The exchange has laid out 34 different proposals, covering aspects from options trading and hedging to tin futures. These proposals are currently open for public consultation until June 4, 2025.
The list of futures includes eighteen different products, with alumina, nickel and copper cathodes being among them. By allowing international investors to trade these futures, the Shanghai Futures Exchange aims to further open up China’s domestic market to the global economy.
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