Lijun Chen, Deputy General Manager of China Securities Commodity Index Company: The first batch of 9 cross-market indexes will be launched soon
On December 5th, Lijun Chen, deputy general manager of China Securities Commodity Index Co., Ltd., gave a speech in the roundtable exchange session of the 17th China (Shenzhen) International Futures Conference.
Lijun Chen said that in the past 30 years, China’s futures market has developed rapidly, with varieties covering major sectors of the national economy such as agricultural products, energy and chemical industries, metals, and finance. Varieties are becoming more mature, and important functions such as price discovery, risk management, and resource allocation are gradually being brought into play. It laid a solid foundation for the launch of commodity indexes and derivatives.
Indexes provide an anchor for commodity research, provide a basis for commodity market price monitoring, serve macroeconomic decision-making, and provide basic targets for the development of index derivatives, which will help advance the supply-side structural reform of the capital market.
He revealed that at present, the first batch of 9 cross-market indexes compiled by China Securities Commodity Index Company, various exchanges, and institutions, have been tested internally, and will be passed on the company website and professional information at domestic and overseas. The channels are successively released to the market, and the optimized futures market monitoring center commodity index will soon meet with you again.