Dalian Commodity Exchange Test LLDPE Futures Trading System

Now that the Dalian Commodity Exchange has released a draft version of the LLDPE futures contracts to seek recommendations, it has tested the LLDPE futures trading system on July 13 and 20. The tests are the final steps to the launch of the LLDPE futures, analyst said.

The DCE tested the LLDPE futures trading system through connected networks from 17:30 to 18:30 on the two specified days. The following 10 LLDPE contracts, marked with a code of L, were tested: L0701, L0711,L0712, L0801, L0802, L0803, L0804, L0805, L0806, L0807. The trading unit is 5 ton/contract and the daily fluctuation is limited to 4% of the settlement price of the last trading day.