Shanghai Futures Exchange

The Shanghai Futures Exchange (SHFE) (Chinese: 上海期货交易所) was formed from the amalgamation of the Shanghai Metal Exchange, Shanghai Foodstuffs Commodity Exchange, and the Shanghai Commodity Exchange in December 1999. It is a non-profit-seeking incorporated body regulated by the China Securities Regulatory Commission.

The trading floor is located in Lujiazui, in the Pudong district of Shanghai. It currently trades futures contracts in copper, aluminium, zinc, natural rubber, fuel oil, and gold.

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    To coöperate in the highest as well as the lowest sense, means to get our living together. I heard it proposed lately that two young men should travel together over the world, the one without money, earning his means as he went, before the mast and behind the plow, the other carrying a bill of exchange in his pocket. It was easy to see that they could not long be companions or coöperate, since one would not operate at all. They would part at the first interesting crisis in their adventures.
    Henry David Thoreau (1817–1862)

    It took more than one man to change my name to Shanghai Lily.
    Jules Furthman (1888–1960)

    One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.
    Gertrude Stein (1874–1946)