On June 9, the First Taicang Quantitative Investment Forum was held at the International Service Outsourcing Park. Investors and experts from the investment industry attended the event. The forum was jointly organized by the city's service outsourcing enterprises - the Aige Financial Engineering and the Xinhu Futures Co Ltd.

The Forum mainly focused on the impact of recently decreased handling charges for current futures market.

After closing the last trading day before the May Day holiday, the four futures exchanges in China all issued a notice that the handling charges for current futures categories would be significantly reduced by between 12.5 and 50 percent depending on the category, with an average decrease of about 30 percent. The new charges took effective from June 1.

Caoling Bo, Aige’s general manager, said “China's quantitative investment has just started. With the gradual increase of China's financial derivatives, our quantitative trading will experience explosive growth in the next three years.” He also said that Aige will use Taicang as a base, striving to occupy 10 percent of the quantitative trading market share in the country. .