China futures market turnover up 6.13% in first three quarters

BEIJING -- The turnover of China's futures market posted strong growth in the first three quarters, data showed Tuesday.

The total transaction value of the futures market hit 425.29 trillion yuan ($59.25 trillion) during the Jan-Sept period, up 6.13 percent year-on-year, data from the China Futures Association showed.

The volume of futures trading increased by 30.49 percent during the period, according to the data.

Turnover at the Zhengzhou Commodity Exchange grew at the fastest pace, while turnover at the Shanghai Futures Exchange ranked first in terms of transaction value.