View source for Shanghai Futures Exchange

{{Short description|Chinese company}}
The '''Shanghai Futures Exchange''' ('''SHFE'''; {{zh|c=上海期货交易所}}) is a [[futures exchange]] in [[Shanghai]], [[China]] formed from the amalgamation of the national level futures exchanges of [[China]], the Shanghai Metal Exchange, Shanghai Foodstuffs Commodity Exchange, and the Shanghai Commodity Exchange in December 1999. It is a [[non-profit]]-seeking [[Incorporation (business)|incorporated]] body under the [[China Securities Regulatory Commission]] (CSRC).

The trading floor is located in [[Lujiazui]], in the [[Pudong]] district of [[Shanghai]]. It currently trades [[futures contract]]s in [[copper]], [[aluminium]], [[zinc]], [[tin]], [[nickel]], [[lead]], natural [[rubber]], fuel oil, [[silver]], and [[gold]].

The SHFE is a member of the [[China Futures Association]].<ref>{{cite web |website=Asian Financial Cooperation Association |url=https://www.afca-asia.org/Portal.do?method=columnView&channelID=42 |access-date={{date|2025-1-10}} |title=China Futures Association}}</ref>

== Shanghai Metal Exchange ==
The Shanghai Metal Exchange (SHME),  was established on 28 May 1992. SHME is a non-profit, self-regulating corporation. The exchange was created for trading in [[non-ferrous metal]]s and currently contracts for several non-ferrous metals including [[copper]], [[aluminum]], [[lead]], [[zinc]], [[tin]], and [[nickel]].

SHME is located in the city of [[Shanghai]] and its [[geographical]] location bridges the time gap between [[London Metal Exchange]] and [[New York Mercantile Exchange]] markets, thus enabling traders across the world to have a 24-hour access to [[futures contract]]s of non-ferrous metals. SHME is currently the largest non-ferrous metals futures exchange in China and the third largest exchange of its kind in the world.

== Shanghai International Energy Exchange ==
The Shanghai International Energy Exchange (INE; 上海国际能源交易中心) is a subsidiary of the Shanghai Futures Exchange established in 2013.<ref>{{cite web |url=https://www.refinitiv.com/en/financial-data/pricing-and-market-data/futures-data/shanghai-futures-exchange |access-date=5 September 2022 |title=Shanghai Futures Exchange}}</ref> It was created for trading [[energy derivative]]s. Contracts include futures and [[option (finance)|options]] on commodities such [[crude oil]], [[copper]], [[low sulfur fuel oil]], and [[rubber]]. The exchange's hours are 9&nbsp;AM–11:30&nbsp;AM and 1:30&nbsp;PM–3:00&nbsp;PM [[China Standard Time]].<ref>{{cite web |title=6 Things You Should Know About Shanghai International Energy Exchange (INE) |url=https://www.orientfutures.com.sg/post-detail/6-things-you-should-know-about-shanghai-international-energy-exchange-ine |website=Orient Futures |access-date=5 September 2022}}</ref>

==See also==
* [[China futures market]]
* [[List of futures exchanges]]
* [[List of stock exchanges]]
* [[List of stock market indices]]

==References==
{{reflist}}

==External links==
* [http://www.shfe.com.cn/ Shanghai Futures Exchange: Official website]
* [http://www.shfe.com.cn/en/ Shanghai Futures Exchange: English website]
* [https://www.ine.cn/ Shanghai International Energy Exchange: Official website]
* [https://www.ine.cn/en/ Shanghai International Energy Exchange: English website]

{{Commodity exchanges in China}}
{{World Federation of Exchanges}}
{{Economy of China}}
{{Authority control}}

[[Category:Financial services companies established in 1999]]
[[Category:Commodity exchanges in China]]
[[Category:Futures exchanges]]
[[Category:Economy of Shanghai]]
[[Category:Metal industry]]
[[Category:Chinese companies established in 1999]]
[[Category:1999 establishments in Shanghai]]