China futures market mushrooms in first three quarters

BEIJING - China's futures market mushroomed during the first three quarters of the year, data showed.

The trading volume jumped 30.23 percent year-on-year during the period while turnover surged 38.68 percent to hit 214.32 trillion yuan ($30.3 trillion), according to data from the China Futures Association.

The China Financial Futures Exchange and the Shanghai International Energy Exchange were the top two bourses in terms of trade volume and value.

The China Financial Futures Exchange saw its trade volume and value skyrocket 166 percent and 176.41 percent year-on-year, respectively.

The Shanghai International Energy Exchange reported 112.86 percent and 89.99 percent growth in trading volume and turnover, respectively.