DCE President Liu Xingqiang Presented At 4th Derivatives World Russia Conference

 

DCE President Liu Xingqiang giving the keynote speech

 

 

At the invitation of Futures Options World (http://www.fow.com/) and the Russian Trading System Stock Exchange (RTS), Dalian Commodity Exchange (DCE) President Liu Xingqiang led a delegation to the 4th Annual Derivatives World Russia Conference.  Mr. Liu attended the conference as a special guest and gave a presentation entitled "Commodity Futures Markets in Emerging Economies". 

 

Mr. Liu was invited to give a keynote speech at the conference, and the content of his speech included a comprehensive introduction to the development of China's futures markets, an analysis of the role and function that China's futures markets play in the economy as a whole, and four lessons he has learned from the development process: first, maintain the stable operation of the market and minimum standards to prevent systemic risk; second, adhere to strict and effective market supervision; third, actively promote product innovation; and fourth, effectively utilize the futures market's functions to promote industry services. 

 

Since the development of the futures market in China and Russia shares a number of similar aspects and demands, Mr. Liu said during his speech that he hopes the two countries can maintain frequent contact and exchange, as well as have the opportunity to cooperate.  At the same time, he also extended an invitation to the conference participants to visit China and Dalian. 

 

After the conference, the DCE delegation paid a visit to the RTS, where the leaders of both exchanges held discussions regarding the development of futures markets in the two countries and how to further cooperation. Roman Goryunov, RTS CEO, expressed a strong interest in China's futures products, and he hopes that both sides can cooperate in the future to promote the development of both futures markets.