男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Center

Index futures tweaked to curb trading risks

By Li Xiang (China Daily)
Updated: 2010-01-20 08:08
Large Medium Small
 
Index futures tweaked to curb trading risks


China Securities Regulatory Commission announced the planned launch of index futures earlier this month and formal trading is expected to start at China Financial Futures Exchange in April. [China Daily]
 

China Financial Futures Exchange (CFFEX) yesterday announced revised trading rules for stock index futures, which investors are expected to begin trading in April.

The revision raises the minimum trading margin for index futures from 10 percent to 12 percent and reduces the single-day maximum holding of futures contracts to 100 from 600, which was previously set during the trial period.

CFFEX issued index futures' trading rules in June 2007, and simulated trade has been conducted at CFFEX since October 2006.

Shanghai-based CFFEX also set the maximum price fluctuation at 20 percent above or below the initial listing price on the first trading day of the quarterly month. CFFEX officials say the revised rules are open for public comment until Jan 29.

"The main functions of the revision are to ensure the smooth launch of index futures, effectively control trading risks and improve the risk-management mechanism," said a CFFEX spokesman at a press conference yesterday.

"We will further improve the rules based on feedback we receive from the public," he said. "The final rules will be released after the revised version is reviewed by the board of CFFEX shareholders and approved by the top securities regulator."

The revised rules also seek to force investors to cut holdings when futures' prices consecutively hit the daily trading limit.

Related readings:
Index futures tweaked to curb trading risks CSRC unveils draft rules for stock index futures investment
Index futures tweaked to curb trading risks Index futures on deck for foreign investors
Index futures tweaked to curb trading risks Margin requirements for index futures to be hiked
Index futures tweaked to curb trading risks Index futures may ease fluctuations in Shanghai Composite

Trading contracts for index futures are based on the CSI 300 Index, which is composed of the 300 largest A shares listed on Shanghai and Shenzhen stock exchanges.

Each point is worth 300 yuan and the minimum trading unit is 0.2 point. The daily trading limit is 10 percent above or below the previous day's settlement price.

CFFEX released draft regulations for investors last week that require individual investors to have at least 500,000 yuan to open an account.

Investors must also have passed relevant examinations on futures trading, participated in mock trading for at least 10 days and conducted at least 20 transactions.

China Securities Regulatory Commission, the nation's securities watchdog, announced the planned launch of index futures earlier this month and formal trading is expected to start at CFFEX in April.

Market observers say the launch of index futures will have a limited impact on the stock market in the mid to long term, but the short-term impact remains to be seen.

Shares on the Shanghai exchange ended slightly higher yesterday with the benchmark Shanghai Composite Index rising 0.3 percent to 3246.87 points. The Shenzhen Component Index fell 0.08 percent to close at 13,350.67 points.

主站蜘蛛池模板: 长岛县| 山东省| 济南市| 治县。| 内丘县| 兴山县| 前郭尔| 曲松县| 永福县| 青阳县| 治多县| 阿鲁科尔沁旗| 莒南县| 伊吾县| 民权县| 昭平县| 泽普县| 报价| 岢岚县| 阿拉善盟| 原阳县| 孝感市| 尤溪县| 怀来县| 安西县| 乐安县| 黔南| 南投市| 绥江县| 定边县| 马鞍山市| 惠东县| 九龙城区| 巴彦淖尔市| 西安市| 湛江市| 同江市| 都安| 理塘县| 桑植县| 宁晋县| 双桥区| 伊金霍洛旗| 松原市| 黄梅县| 绥江县| 达州市| 葫芦岛市| 瑞安市| 将乐县| 龙井市| 平泉县| 都江堰市| 余庆县| 晴隆县| 土默特左旗| 淳安县| 惠东县| 通山县| 噶尔县| 石河子市| 霸州市| 台湾省| 长阳| 兴仁县| 洛南县| 博乐市| 丰宁| 大关县| 华安县| 延庆县| 兰州市| 卫辉市| 行唐县| 光山县| 葵青区| 柘荣县| 佛教| 杭州市| 额尔古纳市| 丹东市| 上饶市|