Wow...I am sure there are opportunities there. We need access to those exchanges. http://www.commodityonline.com/news...rgest-commodity-futures-market-38849-3-1.html :eek:
"Analaysts said China has established a risk prevention and dissolution mechanism that not only conforms to international market operation legislation, but is also in line with the reality in the country. This mechanism has effectively averted the significant risks following the drastic price fluctuations in the international futures markets in recent years, successfully handled the spread and proliferation of extreme market moves experienced last year as a result of the international financial crisis, and maintained the smooth operation of both China's futures markets and the futures sector. " Risk prevention? Sounds like a hoax to me. No risk no gain is really what its all about.
They have huge volume but no price discovery? I think its only a matter of time before they do have price discovery.