In order to realize the risk transfer of securities trading, enrich investment varieties, learn from international experience and develop virtual futures index business, China has established the National Financial Futures Exchange in Shanghai.
There were three commodity futures exchanges in China before. On the basis of them, we set up the exchange by recruiting additional personnel. First, the stock index futures business is launched to serve the huge hedging demand in the securities market and compete for the right to speak on hedging tools in China.
At present, the market is growing rapidly and the varieties are expanding. In Asia, its influence is growing all over the world.