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    Home > Active Ingredient News > Feed Industry News > Zhengshang Institute focuses on the listing of cotton futures this year

    Zhengshang Institute focuses on the listing of cotton futures this year

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: in order to implement the spirit of several opinions on promoting the reform, opening up and stable development of capital market issued by the State Council, Zhengzhou Commodity Exchange will make bold innovation this year, and take striving for the listing of cotton futures and ensuring the smooth operation of transactions as one of the key tasks, The Institute will further prepare for the listing of options, sugar, rapeseed and other futures After the release of r6t opinions on promoting the reform and opening up and stable development of capital market issued by the State Council, Zhengshang office successively held meetings of the Party committee and administrative leading group, middle-level cadres and all staff, combined with the current development of futures market and the actual work of Zhengshang office, conscientiously studied and understood the spirit of the opinions, discussed and formulated implementation measures R6t further clarified the guiding ideology for the steady development of futures market through learning: starting from serving the overall situation of the national economy, following the principles of "openness, fairness and justice" and the principles of "legal system, supervision, self-discipline and standardization", governing the market according to law, being honest, seeking stability, seeking development, adhering to the market orientation, and giving full play to the role of market mechanism Through learning, we have further recognized the objectives and tasks of Zhengshang Institute: to improve the wheat futures market system as soon as possible, to establish the agricultural products futures market system as soon as possible, to build a modern futures market with transparency, efficiency, reasonable structure, sound mechanism, perfect function and safe operation, and to further play the positive role of futures market in the national economy In order to implement the spirit of the opinions, Zheng Shang decided to focus on the following four tasks this year: first, to ensure the smooth operation of wheat futures trading, and to achieve steady development under the premise of strict control of risks Second, strive for the listing of cotton futures and ensure the smooth operation of trading Third, we will further prepare for the listing of options, sugar, rapeseed and other futures Fourth, we should strengthen the construction of integrity, adhere to the rule of law, protect the legitimate rights and interests of investors, and lay a solid foundation for the smooth operation and steady development of the market In order to achieve the goal of r6t this year, zhengshangsuo will take six measures First, we will continue to make bold innovations in systems and mechanisms, such as the delivery system of hybrid wheat, the design of cotton contracts, and so on The second is to strengthen the technical support system, including the development and application of phase IV system, hardware equipment investment, etc Third, we should do a good job in the pilot work of futures market to promote the adjustment of agricultural planting structure and increase farmers' income, so as to further play the function of futures market Fourth, we will explore and improve member services, reduce transaction costs and improve market efficiency Fifth, improve the level of internal management Sixth, strengthen ideological and political work and the construction of a clean government R6T
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