China approves registration of platinum and palladium futures

From mining.com

China has approved registration of platinum and palladium futures and options, moving a step closer to the launch of the derivatives trading of the metals used by automakers and other industrial sectors. The China Securities Regulatory Commission said on Friday that it would supervise the Guangzhou Futures Exchange to ensure a smooth launch of platinum and palladium futures and options. The regulator did not disclose a date for the launch. The Guangzhou bourse, which was established in 2021 and mainly focuses on products related to green energy, announced the plans in July last year, seeking to provide a domestic ... (full story)