Natural Resources Newsletter - 19 September 2013

     DALIAN COMMODITY EXCHANGE TO LAUNCH IRON ORE FUTURES TRADING

The Dalian Commodity Exchange (DCE) has received regulatory approval from the China Securities Regulatory Commission (CSRC) to launch trading of China’s first iron ore futures, according to an article in the South China Morning Post. The DCE’s iron ore futures will be the world’s first physically backed derivatives contract, and will compete against cash-settled iron ore swaps contracts cleared by the Singapore Exchange (SGX) and CME Group.

Read more: Natural Resources Newsletter - 19 September 2013