15
Mar
12:45
DCE offers front-month iron ore contracts trading discounts
The Dalian Commodities Exchange (DCE) has launched discounts on commission for so-called front-month iron ore futures contracts. The new scheme will go thorugh a probation period over 2 May to 31 July. DCE has set itself a goal to promote iron ore futures and develop their role in pricing seaborne iron ore cargoes (see Kallanish 23 February).
The current iron ore futures commission is 0.012%, while positions opened and closed on the same day are charged 0.0…
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