China Further Opens Commodity Derivatives Market to Foreign Institutions

China has made a variety of commodity derivatives including those for gold, copper and soybeans available to qualified foreign institutions, marking a further opening up of the country’s capital markets to overseas investors.

Starting Friday, investors under the Qualified Foreign Institutional Investor (QFII) program can trade a range of commodity futures and options listed on China’s major derivative exchanges, according to statements published by the bourses the same day.