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Dalian Commodity Exchange To Launch Hog And Coke Futures

Date 28/02/2008

On Feb.14th, DCE held a "2008 New Year Tea Party for Guangdong Region" in the city of Guangzhou. Mr. Liu Xingqiang, President & CEO of DCE briefed the participants on DCE's achievements in 2007 and the work plan containing DCE's priorities in 2008, He also listened to the suggestions of the participants tentatively. DCE's members in the Guangdong Region and heads of the warehouses have also taken part in the tea party.

Regarding to the work in 2008, Mr. Liu Xingqiang said, DCE shall intensify its efforts in following areas: develop new commodity futures, expand the market and promote the integration of futures transaction and cash transaction; increase the support of futures market to industries, tap the market potential, and strengthen the link between futures market industries; conduct research on and develop option and commodity index futures products to promote the integration of commodities and financial products, and bring a new stage of development to the market. The detailed measures include: to launch hog and coke futures as soon as possible, develop corn and soybean options, and corn and soybean index futures products, restructure DCE (establish Industry Expansion Department and Member Service Department) so as to increase its support to industries and develop corporate and institutional client group. He also said that DCE shall provide assistance to members in technology upgrading so as so as to improve their technical trading system.