The five major domestic futures exchanges

The five major domestic futures exchanges refer to China Financial Futures Exchange, Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange and China Central Commodity Exchange. China Financial Futures Exchange, established in 1998, is an important part of China's capital market and is mainly engaged in the trading and settlement of financial futures. The Shanghai Futures Exchange was established in 1992 and is the earliest exchange in China to carry out futures trading. It mainly engages in stock index, treasury bonds, foreign exchange, crude oil futures and other transactions. Dalian Commodity Exchange, established in 1993, is China's largest commodity futures exchange, mainly engaged in the trading of commodity futures such as ferrous minerals, agricultural products, soft physical objects and metals. Zhengzhou Commodity Exchange, established in 1999, is the fourth largest commodity futures exchange in China. It is mainly engaged in the trading of agricultural and sideline products, soft physical goods, metals and other commodity futures. China Central Commodity Exchange, established in 2006, is the fifth largest commodity futures exchange in China, mainly engaged in the trading of commodity futures such as non-ferrous metals, agricultural and sideline products, and soft physical goods. These five futures exchanges play an important role in China's futures market and provide effective risk management services for the real economy.