Key breakthrough in cotton futures listing application

Introduction: according to reliable sources, Zhengshang Institute's cotton futures have recently been approved by the State Council Relevant officials of Zhengshang confirmed to Shihua financial information that the cotton futures of Zhengshang had been approved by the State Council recently, and the approval had been sent to the CSRC, but the launch time of this variety needs to be finally announced by the CSRC If China Securities Regulatory Commission approves the listing and trading of cotton futures, this will be the second futures variety approved by the State Council after fuel oil futures in 2004 At the same time, it will also be the first agricultural product futures variety approved by the State Council since 1998 when the state carried out governance and rectification of the futures market Zheng said that cotton futures contracts are expected to be listed and traded in the first half of 2004, because the formal listing contracts and trading rules of cotton futures need to be subject to the final review of the CSRC, and the exchange also needs time to train the market, so that market people can understand and understand cotton futures.