Shanghai’s legislative advisers urge city’s financial exchanges to merge and list to open the world’s second-largest market place

• Twenty delegates to the Shanghai People’s Political Consultative Conference (SPPCC) have called for the merger of the local stock and futures exchanges
• The delegates proposed the establishment of a holding group, under which the Shanghai Stock Exchange (SSE), the China Financial Futures Exchange, various securities depository and clearing companies as well as an options exchange can be built