As of December 1, the transaction fee forrebarfutures contract RB 2305 will be reduced from two ten-thousandths to one ten-thousandth, Shanghai Futures Exchange (SHFE) has announced.
This move signals that the SHFE aims to stimulate transaction activities of therebarfutures contract. Therebarfutures contract RB2305 is the second largest contract, following RB2301, among all trading contracts at the SHFE for which the month of delivery is May next year.