CHINA PRESS: Dalian Commodity Exchange To Strengthen Iron Ore Supervision

The Dalian Commodity Exchange (DCE) will strengthen market supervision and crack down on illegal trading in key products such as iron ore futures, according to a statement on the DCE website. In response to large fluctuations in iron-ore futures, the exchange will continue to watch for violations such as spreading incorrect information and making false hedging transactions. The DCE this year has imposed multiple penalties on illegal traders, including fines and market bans.